You're not serious surely: "using a tonne of copper catalyst to...

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Midnight26

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20/09/18

14:55

Post #: 35729078
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Originally posted by eastwest101 ↑

Yes - pesky Esh with his established science and questions about why the mineralization can't be seen by a scanning electron microscope...

Your 3 ounce numbers aren't backed up by any repeatable or reliable assay method, as conceded by the company.

Your cost of metallurgical extraction does not include the cost of relining the furnaces (after each sample), energy inputs and the cost of catalyst metals. If they are using a tonne of copper catalyst to produce an ounce of gold then its hardly a viable business plan is it? I see the later results used silver as a catalyst as well, do you have an endless free supply of silver and copper at your disposal? At what scale is this technology proven? What will it cost to scale up?

And your comment about the "true grades" are irrelevant, like any mining company - the company will only be able to sell recoverable gold to the market, unless you know any gold buyers who will give you money for non-recoverable gold that is.

As I said before - the company has no way of proving it has any gold, and if any of that gold is recoverable, and at what cost to extract. So they will have to take the leap into trial mining and a pilot plant, and either have the weirdest most unique unconventional high grade orebody in the world that will put every other gold mining company out of business, or alternatively, they have the most unique unconventional uneconomic scientific oddity in the world that cannot make money.

We may see once they fire up the pilot plant.

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You're not serious surely: "using a tonne of copper catalyst to produce an ounce of gold" A tonne of copper to treat a tonne of ore? Even if they did, don't you think they might reuse that copper?

The met. test results are a proxy for an assay technique, and anyway, we don't need an assay technique to mine the gold.

BBX Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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You're not serious surely: "using a tonne of copper catalyst to...

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