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Message: Re: 43-101 - Not living up to expectations?
1
Jun 14, 2012 04:44PM
1
Jun 14, 2012 04:57PM

Jun 14, 2012 06:00PM

Rice Lake Project

Total Measured plus Indicated 2,432,610 0.33 (11.3) 812,270

Total Inferred Resources 6,211,660 0.29 (9.9) 1,814,870

took this off WWW.Sedar.com as mention from news of Oct 2010. To-Day ..we have added 9 m short tons increasing only by 1.7 m oz of inferred or so it seems San is counting on a high strip ratio. The oz of late have only seen 5.6 gr /tn but this is totally out of wack.This 350,000 meter of infill drilling accordingly has only added 1.7 mill of potential oz but must see more drilling to move up-to proven.. Listening to past news there was mention of alot of infill drilling yet the numbers just don:t add up.PS" according to press San s Mill was nameplate 2250 now to-day 2500 tn/day./ with liscence tailings..the way i see it San push the 11,000 tn sitting on the ground maximizing Mill output forcing to the extreme potential.Had San not gain this gravy of ore would she have met the 2500 tn/day. I guess talking out loud San would have likly only put out 1850 tn/day if not for the gravey ore. So now to-day the Ball Mill, a key piece of equipment stalls Mill output while share holders wait for news if and when San gets back on track.. By the way, Winkin, Blinkin and Nod seem to be making moves, Shorts we"er up last mention which we seen price fall, tomorrow is last day to cover./ or add, could be interesting day to kick the can in the San d...without prejudice Traps7

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