Re: Globe Says
in response to
by
posted on
Apr 13, 2011 11:41AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Silver, i see you did not fare to well over at the Easter ..Hunt ( HMX ), but as long as gold prices stay high your feasibility may hit the number"s. ...........to use as a comparison, HMX is looking to see if its feasible to go ahead with their project or scrap _it and move on, we"er as Pac Man San has developed a massive tunnel underground such as leading into SoHo ( good Dimsum ) into NewYork City. The giant trucks well be using this highway with exits leading into intersection such as the Emporer, Cohbina, L13, hinge, L10, GoldCup, Drift # 334 which all lead to dead ends.The dead ends , open up into large stopes ( 30 sofar ) which allow these big cat trucks to turn around once their buckets are filled. Looking into one of these stopes you could see a large platform truck capable of drilling a 12 x 12 face in a few hrs with dynamite set and blasted in one 10 hr shift with the 2nd shift removing the ore and signaling for the truck to haul back to the crusher. I recall from the conference call COO said all ready to go with man power.. Looking below 2600, once this development tunnels too all the above listed structures, mining well long hole up ( sub caving ) and also from two upper location utlizing the hoist giving Pac Mam San a low cost per tn. Demetri,......... Silver, gave some good advice here, backing up the truck like Pac Man in a stope, a line of credit at 2% after tax deductions could have a pay back of 98 % if you think Dundee is right on their $ 5.00 target...without prejudice Traps7