PRX 20.0% 0.2¢ prodigy gold nl

Hi Pirate, Re my posts-Unfortunately the market updates re;...

  1. 2,475 Posts.
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    Hi Pirate, Re my posts-Unfortunately the market updates re; COYOTE commissioning
    have not been clear enough & are therefore ambiguous to many that have understandably little practical understanding operationally-some what like yourself.

    I doubt whom ever put the these reports together has a clear understanding
    operationally themselves, this has resulted in investor confusion , many have
    confused the C.I.P circuit gold with the coyote process plants gravity process side
    in circuit locked up gold, clearly the viability/profitability of coyote operations is questionable if this is misinterpreted when numbers are crunched.

    Read my most recent post on this subject & then re; read recent quarterly report
    eg pasted from cover sheet -Comprising 8,281 ounces sold and 1,732 ounces in circuit?-"this is not locked up gold."
    Then continue reading report & refer to bottom,
    of page 2,
    pasted-from this material, 8,281 ounces of gold had been recovered and
    a further 1,732 ounces was in the carbon circuit pending stripping, thus indicating
    an overall mill-accounted recovered grade of 7.6g/t gold.
    This clarifies; the 1,732 oz mentioned is in C.I.P circuit & is not gold locked
    up & retained in coyote .


    There is no mention of the coyote process total retained/ locked up
    retained in process circuit gold that can be estimated @ 4,218oz,
    clearly there is a large difference in calculations that determine viability
    if this is not taken into account - thus the s/p today.


    What a monumental FUK UP!!!!!!!!!!


    Thus me trying to relay some understanding of the Coyote process operations.
    I am not being apologetic as you put it
 
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