I think it is down due to traders, traders like TCC

Think you mean George,,,,lol

Hi Mark

A NR this week. My Guess is labs and universites.

All 3 HQ holes are done. I don't expect samples from that going out to end users for a little bit yet. My guess 4-6 weeks

Take care

"The x4 University Studies now awaited, have always been disclosed for Sep/Oct timeframe, not the "by the end Sept" posted many times over at SH. Anyday to 4 weeks"

I was at AGM Sept 10 and Aubrey said by end of month for univ studies etc.

Aug 29 NR "Zenyatta is presently testing the high purity graphitic material at labs and universities in North America and should have information available for release in September"

I guess things have changed since Sept 10 now.

They will come when they will come, only issue I have is them putting deadlines on things and then not meeting them.

Wish these companies would not do that but all of them seem too.

Take Care

$8,000 sell with $1,500 cost

Same as Roth with 90% ore recovery and then 90% Cg recovery

Hi Mark

Great post!!

The numbers I have ran on both pipes, I come up with a very conservative 1.2m tonnes Cg.

Taking into account mainly the sweet spots.

This is based on 4% for East pipe with dimensions of 150 x 300 x 250m

I use 250m as this is the deepest they seem to be going for the 43-101 as of now

I use 2.5% for West with dimensions of 150 x 200 x 200m

Total 36m tonne ore

With this I have them mining about 50k tonnes Cg year for 20 yrs with Net cash flow after tax of about 250m yr

Take Care