Post by
abcdefghijklmn1 on Nov 24, 2021 11:29am
Results suck
The World Gold Council defines a high-quality underground mine as having a gold ore density between 8 and 10 g/t, while a low-quality underground mine has a gold ore density of 1 to 4 g/t.
1.3g/t is lower end of low quality
Comment by
NamesJeb on Nov 24, 2021 12:02pm
Are you serious? For something so easy to find online you just conveniently forgot to include the next sentence from the statement?.... "Open-pit mines tend to have a lower grade, but they can be considered very valuable because of the lower average operating costs necessary to obtain them. 11 The council recommends using cost per ounce, not gold ore grading, to evaluate a gold mine. "
Comment by
Stockmoves1 on Nov 24, 2021 12:08pm
The only thing that sucks is our grades are likely higher than SEA yet we are currently valued 4-500% lower.. Long on AMK
Comment by
fordster on Nov 24, 2021 1:21pm
I was just going to post the same facts Jeb....along with "copius amounts of tonnage" like 30 years worth.
Comment by
CobraShelby on Nov 25, 2021 11:05am
You arfe Right NamesJeb He should look at page 20 . https://tudor-gold.com/wp-content/uploads/2021/11/2021-11-09-TUDOR-GOLD-CORPORATE_FINAL_WS.pdf
Comment by
CobraShelby on Nov 25, 2021 11:06am
Oups !! page 21. https://tudor-gold.com/wp-content/uploads/2021/11/2021-11-09-TUDOR-GOLD-CORPORATE_FINAL_WS.pdf
Comment by
Jetstream1281 on Nov 24, 2021 1:20pm
How many times have we discussed this? it is MUCH more likely to be an open pit mine.