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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

Trelawney Mining and Exploration Inc > LSG said that they...
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Post by docmz on Mar 09, 2011 10:10am

LSG said that they...

plan to double their resource to 6 mill Ozs. That means they have 3 mill Ozs currently. NOW TRR HAS 5 MILLION Ozs ALREADY. THINK people how fast TRR will go in a T/O...
Comment by Timminsgold on Mar 09, 2011 11:24am
At $1,200 gold, Goldcorp has a hard time making a profit milling 1 g/t; that is with a 10.000 t/p/d mill at their Timmins mine. TRR has also a cut grade of 1 g/p/t/.. I doubt it can be mined profitably at under $1,400 gold.LSG will soon average 8/9 g/t with a fully paid for milland smelter, underground infrastucture etc. you are comparing apples and sand re LSG vs TRR.If and when TRR is able ...more  
Comment by beachman on Mar 09, 2011 11:57am
Cote Lake is not an underground project, it's open pit.  Cut-off is 0.5 g/t or less.   LSG is a high cost underground project where the costs are only going to get higher.