SS1 1.15% 86.0¢ sun silver limited

This looks like a great deposit and the Market Cap should be...

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  1. 2,796 Posts.
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    This looks like a great deposit and the Market Cap should be much higher on this deposit alone.

    Maybe those that are geologists can help, if the fact that further metallurgy work is still needed before this doubles in price. The recoveries of silver look low yet they state the following which is very positive.

    "Overall, Carlin-type geology offers the opportunity for sustainable and profitable mining operations, even atlower ore grades, due to the large-scale, soft host rocks and consistent nature of these deposits, coupledwith advancements in mining and extraction technologies."

    in regards to metallurgy silver recoveries see below:
    Investigations of metallurgy have been undertaken at the Project in 2002, 2004 and 2006 and are still atthe preliminary stages. Recoveries for gold and silver vary depending on grind size, reagent consumptionand leaching retention time. Flotation tests did not appear to have a positive impact, while grind size andleach time were the main factors affecting recoveries. Early 2002 work on 15 composites samples testedshowed recoveries between 28% and 65% for gold and 5% and 52% for silver. The 2004 study showedmaximum recoveries from 63-97% for Silver and 35.7-97.1%, but more commonly in the 80-90%, range forgold. 2006 recoveries showed the best recoveries on ground material and ranged from 34-96% for gold,averaging 83% and 18-90% for silver, averaging 72%. The test work from 2002 stated preg-robbing fromcarbon was not a factor. Updated test work is planned with progression of field work
 
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Last
86.0¢
Change
-0.010(1.15%)
Mkt cap ! $73.88M
Open High Low Value Volume
88.0¢ 88.0¢ 85.5¢ $105.3K 121.6K

Buyers (Bids)

No. Vol. Price($)
2 15882 85.5¢
 

Sellers (Offers)

Price($) Vol. No.
86.0¢ 14235 2
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Last trade - 12.26pm 06/11/2024 (20 minute delay) ?
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