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Message: Re: Report: Silverado Gold Mines Ltd. - SLGLF/GRIM

It further stated that 5 drill holes were assayed at .039 oz/ton (1.2 grams). That equates to 3.9 oz/ 100 ton. What do you think their per day production capacity will start out at? 200tpd? 1000-tpd? At todays prices, 2000tpd would be worth about $100,000 minus production costs. That area doesn't look that good to me, although it falls within a range to justify mining with most other companies, albeit with larger production capacity. $$Ka Ching-Ka Ching$$ seems like a stretch !!!!!! JMHO. Any other thoughts on this?????? There are other areas more suited to mining within the Nolan. Maybe this area is better at greater depths?


May 13, 2010 03:51PM
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May 13, 2010 04:49PM
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