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Tdman1

198 Posts.

173

02/10/18

18:24

Post #: 35967544
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Originally posted by Saltiga62 ↑

And that is something that has puzzled me salt, there was no lab on site so who knows how often tailing samples where taken and how accurate they would be at any rate.. How was 4.12 g/t ever arrived at? An uninformed stab in the dark would be my guess....

G'Day Jim -Its a bit peculiar your statement ?
MGT -Stated in a Market update that the mean average was 4.12 g p/t & hence
they were concerned enough to call in consulting experts -SRK.-Fact

So do you think MGT was misinforming the market & called in consulting experts
because of a stab in the dark ?- Don't think thats even remotely plausible .

Standard Operating procedure is to check tailing regularity during operations
especially during commissioning periods .

When out of spec -gold confirmed going to tailings alterations or plant shut down
until remedy solution is implemented is normal.

Small routine samples sent off to lab for fire assay would be perfectly
normal -they are low cost accurate very quick to process even in external labs,
and are essential, have no doubt previous MGT new exactly what they were
loosing to tailing when they called in consulting experts.

Does the figure 4.12 grams per tonne sound like a stab in the dark number-
NO -its an exact number .
salt

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What is this new news, the 6-12 1tonne tailings samples took all say average was 9-10gram a tonne and now we are seeing it's 4 g a tonne! Wow...if it's 4 gram a tonne and when they initially put the 40,000 tonnes through they only achieved a 2g/tonne recovery, meaning that 40,000 tonnes of "high grade" tailings really wouldn't be high grade at all,but would be at original grades only 6 grams a tonne!!!

Furphy after furphy after furphy

OGX Price at posting: 2.7¢ Sentiment: Sell Disclosure: Not Held
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Ready to spiral up, page-45

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