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Re: Under Promise Over Deliver

about 13 years ago

in response to tothegoldrush 's message

Some drill results will be nice but I think we should all discount them by 40% to get a real number.

The drill results will give us the size of the resource and after that it is up to everyone to figure out the cutoff grade and the dilution to come up with a mineable resource and production cost. At these prices they can mill 3 gram material and make a profit.