Im a novice too but a tonne of ore is not that much. Just a few wheelbarrows full. 5 grams of Gold is still worth $400 or thereabouts. So a few wheelbarrows of ore that have been processed could be worth $400. Not to be sneezed at.
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Going to AGM next week I have decided.
Will let you know if the team are smiling or not.
I have found that their is a big gap in perception of this company and stock, between what is read on here, what the company releases out as notices, and what is said verbally at AGM's.
Very happy with you going. I too had intended to ask some questions regarding Directors spending but have a meeting in Ch-Ch.
I don't think you can compare Waihi mine and Talisman mine
You are best to read through some of the announcements over the last couple ofyears to get a better feel for it. Talisman have a number of veins and areas ofhigh-grade concentration.
Notes from a couple of announcements awhile back:
Results from Mystery Vein Extension
Eight tonnes of ore have been removed from the face and the results ofregular in stream sampling have identified gold grades ranging from 6.2/t Au to18.2g/t Au for an average of 11.9g/t Au. Silver ranges from 23.0g/t Ag to 37g/tAg for an average of 28.3g/t Ag
Testwork reveals high recovery of gold
Test work Overview
Gold at the Talisman Mine is hosted in three major quartz veins, namely,the Maria, Mystery and Crown/Welcome. Of these three the Maria vein is themajor contributor containing approximately 91% of the mines 469,000 Oz AuEqMineral Resource within the Dubbo, Bonanza and Woodstock Zones. The averagegrade of the resources in these zones is estimated at 22.0g/t, 23.6g/t and6.3g/t AuEq respectively with some 313,000 Oz lying in the Dubbo Zone.
We are all hoping for good results from the pilot plant. All going well we will see them today or tomorrow
Not even a teaspoon. Gold is quite heavy. 5 grams of gold would be about a 1/3 of a teaspoon :)
In fact I just checked and got that wrong. 1 metric teaspoon of gold weighs 86.55 grams. So 5 grams of gold is about 1/17th of a teaspoon.
Luckily for investors gold is sold by weight and not volume.