CGT 0.00% 21.0¢ castlemaine goldfields limited

have you been duped?, page-10

  1. Osi
    16,127 Posts.
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    Thanks snowyjim, NK.

    I need to see things in simple terms. Is it implied that the guidance of 7+ g/t was predicated on an assumption that narrow vein techniques would be used?

    I can only assume that the modified LGL approach, utilising equipment on hand will rip more ore out, more quickly .... thus the dilution of grade as good stuff is mixed in with surrounding rock.

    I can think of a cake with maybe a few boxed of smarties mixed irregularly through the mix ......... then poking a few dozen holes through the cake to guess the number smarties and their approximate location.

    Anyway, I continue to hold. Me thinks the market will respond to any ann. from the company that reconfirms (and justifies through an analysis) managment's confidence in Ballarat and a mining plan. The issues we discuss here need to be addressed in a company Ann.

    cheers

 
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