Post by
Wangotango67 on Aug 14, 2021 8:33am
ARE YOU SURE.... ?
Not all juniors are what they seem.
I'm not a fan of concentrates nor contracts that are - non disclosed.
Junior is great at finding the mines - superb acquisitions.
But... buying a mine is entirely different than running a mine.
Which is why you should read my last post on - concentrates.
If you don't like my posts with hyphens - then don't read my posts.
My hope is... Junior kicks it in gear before all H breaks loose inthis world.
But... slowwww seems ot be the order of the day.
Second hope ?
Ocean contract is dropped.
Third hope ?
Braveheart snaps from thier stupor ( 25% concentrates )
And... initiates the flotation model - taking flotation to it's fullest potential with - 93% extraction.
93% recovery concentrate - revamps their cost to mine numbers.
In a perfect world ?
Sink a few holes in Thierry.
Prove up the inferred.
Shop for a buyer.
Complete a few more studies on - Bull Mine.
Like - test all the mine walls for - copper in argilites
Many of the drills that are presently assigned to the current resourcesize was very
select dril lcores - many were not included - hence - checking the walls with an XRF
or use SENSOR RODS in current holes to detect minerals in drill holes not included in resource - doing so could provide a good insight into - more copper or gold and silver.
Sam goes for - cobaltite -and carbon black.
I say they're best bang right now -
Is sparking up the Bull River Mine -- using Alpine ores.
Get their feet wet with mining the 16/g - 22/g grade gold.
Till they fully dress out Bull River with all minerals accounted for.
What does Alpine have ?
134,000 gold ounces ?
75,000 tonne permit for Bull ?
75,000/t
x 16.g
= 1,200,000 grams
~ 31.1
= 38,585 ounces ( gold )
But... what would this junior run with a mine cost - if the junior has to ship ores
to the Bull River mine fro m Alpine ?
I find BH quite pricey when it comes to run costs based on Bull River.
Would Alpine beany different ?
Please say they wouldn't do a repeat and sell a gold concentrate ?
lol
.
I'll give the posting a rest...wink.
But.. watch out for those juniors running concentrates.
There's copper concentrate car - mel's
And there's copper concentrate car - _ _ _'s
Tease.
Tabby Cat -
that's quite the photo for your handle there -Ugh...
Sounds like you're having a good morning - lol
Chill...Have a coffee.
You'd be surprized at how many juniors i've come across that haven't a clue how to mine.
Suits - that contract everything out even consulting.
Never hurts to drop a few posts see which directio nthe junior takes.
Like - the pointing out of the concentrates.
Let's see if they switch things up.
Hope so. I like seeing a junior cutting every cost where applicable and squeezing every mineral out of the rocks. Create the highest value for a shareholder.
Far, Few, Between
Cheers...