Welcome To WellGreen Platinum on AGORACOM
Large Mineral Resource: 5.5 Moz PGM+Au, 2.9 B lbs Ni+Cu (M&I) with 13.8 Moz PGM+Au, 7.0 B lbs Ni+Cu (Inferred)
Message: Low Grade???... Think Again
Below is a copy of the ore value from Peñasquito, The largest open pit in Mexico. The grade won't post for some reason but value is correct and the grade can be referenced at the link below. Our inferred pay dirt is nearly twice what they have and Peñasquito is a cash cow. This is also to say nothing of our Indicated that is nearly three times their ore's value.
Wellgreen is not a low grade story. That is a misconception brought to you by the SHORTS.
The numbers speak for themself, so take a look...
Peñasquito
Proven
oxides
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Sulfides
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Probable
oxides
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Sulfides
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http://www.pressreleasepoint.com/goldcorp-announces-significant-increase-reserves-pen%CC%83asquito-and-initial-resource-estimate-e%CC%81le%CC%81onor
These numbers are the "high grade" from 2006 that can be found at the link above. Scroll down the bottom of the page and you will see it. I did not use the grades from 2007 because the grades from 2007 are lower so they could increase tonnage and the number of contained ozs.
Make no mistake Wellgreen is a beast.
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