EMR 0.55% $3.67 emerald resources nl

Ann: Maiden Gold Pour at the Okvau Gold Mine, page-17

  1. 2,641 Posts.
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    It was bound to happen. Buy the rumour, sell the fact.
    A slow crawl ahead now, and just dither around $1 for a while.
    Next news likely to be in the Q2 in 4 weeks.
    They won't announce any drilling news, until the Q2.
    Anyway, if you're not looking to sell soon, why worry. It's academic what the SP is until you want to sell.

    Apologies to the gold miners here, but here is what a dore bar is.

    A doré bar is a partially refined gold bar. Doré bars are typically a super high gold content alloy, sometimes actually pure. However, they have no uniformity or set standard. Gold doré bars are the result of removing all non-metal particles out of the gold ore, and consolidating the gold bearing naturally formed alloy into a single chunk. Most often, gold doré bars have, other than gold, mostly silver left in them, plus often other by-products of the gold mining process.

    The main reason for creating doré bars is to facilitate handling by now dealing with larger chunks of gold bearing alloy, rather than loose particles. In that sense, doré bars are basically the last stage between mining gold ore and refined gold bullion. The idea is that doré bars are pure enough, and large enough for gold refineries to handle.


 
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