daytrading july 17 morning, page-49

  1. 23,919 Posts.
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    Hollyw00d

    It certainly is commercial

    Cadia up the road are block caving grades at sub 1g/t and making money - the comparisons are on the thread.

    SOC's deposit will be block caved which has costs comparable to open cutting the deposit.

    This is an example of retail punters not understanding the sheer potential of a deposit because they are reading sub 2g/t grades.

    Overall strike could be up to 800m at 1.3g/t which would be around 3 - 4Moz's. You have to remember they have another 4 similar pipes, all in close proximity like Cadia's pipes - so perfect for block caving and open cutting the top few hundred k oz on each
 
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