Member Info for ranger104uk

Golf got it singing now. It's a cheep Chinese diesel heat, more common in motor homes and boats. Very cheep to run bur requires fine tuning per situation.

ICE you clearly had a direct line with the BoDs which is handy. We all know the RNS's will come. There is a very steep learning curve to climb if not several to make things work. The Process plant will be a bit like my heater, you have to get it running on the sweet spot. If there are plenty clients it will make money. The mine is a totally different matter. You don't know what lies a foot behind the work face. The whole process it like a pipe with many joint that have the potential to leak. The company is relying on others to keep the joints tight.

This is not like harvest a crop you have sown, it's a case of seeing what you get.

Anyways Jacuzzi in the snow as 4pm is Gin time.

Enjoy the weekend and mind how you go, It's Auffy slippy

Good Snowy Morning Peeps.

Good head of Steam getting up about 2 of the 3 BoDs heading over to the work site. (No F1 involved on this trip)

So finally there might be some news in the coming weeks to chew over. But as ICE stipulates mining isn't a straight forward job. The mine is at the artichoke end of nowhere and if the do indeed sign up on contractors while over it will take time for them to mobilise and get set up. So 1st new gold will be some way off.

I'm as interested as the rest to see this slow train pull out of the station. We may finally get some production figures and sales figures to prove proof of concept and feasibility that they can a steady cashflow.

I hope they purely stick to the mine and the Processing plant to get the up and running before diving into anything else. But the sound of the rattling tin is never far away. Watch this space.

Called Tom Hanks as well as Wilson... Something about ice or skates?

Another date in the morning,

Did you all meet in a late night taxi?

I'm up because the pup is in season. Soon to be little Miss

Predicting daily production is a skill that few Jedi's have mastered.

Chinese diesel tapped our after 3 hour reminds me oh Feckerhall

The g/t are for the vein material.

What we have no idea is how much total rock needs to be mined to get the vein material out and pre processed.

We have no idea of cost of sales period. Its all fluff until they get mining and be doing it for a few months.

Always get some that take the bait

Watch this space lol

59 posts all the same in the same day he opened his account.

Marvellous work.

Maybe Stevie80y but we've had temps down to -8c this pasted week. A head scratcher the hose was only frozen at the bottom of a U bend. Anyways happy.

So what have I missed

Tome Hanks

"The air got to it!!!"

Classic line from the the movie Castaway.

Chinese Diesel heater problem solved. The condensation inside the air intake pipe had frozen blocking the air to the combustion chamber. You dancer... Thanks Tom Hanks. Wife's happy washing machine is now defrosting. I smell like Diesel Dan buy workshop is warming nicely.

And never lost a penny. (excluding fees).

My income isn't dependant on what goes on here.

Dicky Edwards has left his winnings and taken his stake out so he's now playing with the houses money (or Yours). See how long he leaves it.

Only reached the dizzy heights of -3c today so I'm off back to my date.

Irony is knowing someone has an answer that double what you make it and you think that's excellent.

I'll not be asking you for a Pension Annuity Calculation.

CfC

Costs mean the cost of extracting verses the price your getting, Cost of Sales.

How did that JL go?

There was access to the mine which wasn't effected .

Always tyring to belittle. In the words of Golf "play fair now"

Bring something to the conversation.

Anyone in Personal finance?

What I was saying was, the vision I had in my mind with regards the mine, differs after reading the 2012 report coupled with the clips.

The veins are way deeper than I had imagined. Which adds more complexity as it limits access to the veins but also the extraction.

They stopped in 2012 i would think due to costs.

Yes gold has rocketed but the challenges of getting what is there out remains.

So lets day in basics 2012 gold at 1,700 usd/g they stopped no profit (or not enough) call it zero. Gold now 4,500 usd/g so the difference is what you have to play with.

In theory should be way doable.

Enter 3 guys from the other side of a desk not a gold mining company with years of experience and all the toys. That's were you are or were 18 months ago.

1st effort may have proved way harder than the thought. Try again. Bingo here we are now.

Changed my view slightly better understanding yes. Will they make money..... Nope

Ferring

Sorry to read about your illness, you are in good company. Like myself you'll have plenty time on your hands.

Like myself always look at both side of the story here. In fact there maybe more than 2.

Contrary to what you read by some of not many I do look and debate in my own mind both side to the coin. But the same as almost 99% you fall on one side or another. But as I say I always challenge my own beliefs.

Like the ICE shooting yesterday. Feelings run high on both sides, but there will be way more to this than we 1st see.

We paint a picture in our minds and we see what we want to see.

I hadn't read the 2012 report until yesterday. But it gave me a clearer picture (in words) of what they are up against. Which changed my own vision of the total layout and also what we are seeing on X.

It opens up a lot more questions in my own mind.

Although we are constantly getting a kicking we are not stupid. We try hard to be civil but defend our thoughts.

The longer the stuff stays in the ground the more it's worth....Right?

Had my 1st look at the companies X site / account, thingy. They do like their visuals. You'd be hoping there is a time delay of a couple of weeks between taking and uploading.

If you tie them in with the drill and sample reports from 2012 you get a better understand of the depths they are looking to work at.

The other thing from the 2012 report is their trench samples. I would say most it here would be expecting far higher g/t numbers form NTVOs which maybe is why theres been radio silence on then. The gold is deep and hidden and in narrow veins. Lots rock to remove to stay on the vein.

You can also understand why the explosive and blasting permits are taking their time. Their will be name of key personnel on them that would be the qualified personnel using and carrying out the work. (The Contractor), you would hope.

I've a date with a Chinese diesel heater this morning as the house workshop is Baltic this morning. -5c out

Would you let a novice dig a Coal mine just because the price of Coal was high and he had a pick?

A total of 1,157 tonnes of bulk sample material averaging 0.93 ounce per ton gold has been extracted from underground exploration workings at several locations on the Tesoro property so far.

Yeap it's all there.

@ $1,700 an ounce back then and at these kind of depths guess is didn't add up

30 seconds google search hardly a lot of effort.

4pm is Gin Time here. Time to catch up on world events and see what's doing.

If Movax is thinking of investing I'm sure he already know about St Elias.

St. Elias highlighted the A4 vein, which yielded 643 tons averaging 0.77 ounce per ton gold; the C1 vein, which produced 451 tonnes averaging 0.99 ounce per ton gold; and the C2 vein, which produced 63 tonnes averaging 2.04 ounces per ton gold.

The company said that gold-bearing structures at the Tesoro property have not been fully explored to depth or along strike, adding that “there remains great potential for the discovery of additional gold mineralization”.

As previously announced at the end of May, St. Elias has suspended drilling at Tesoro and is “evaluating all project data and exploration options to advance the project”.

The Tesoro gold project is 100 per cent owned by St. Elias, with no underlying royalties. The property covers approximately 6,974 hectares and lies within the 300 km by 30 km Nazca-Ocona gold province, which trends northwest parallel to the Pacific coastline.

The belt is noted for the strike continuity of many of its quartz vein systems and associated faults. While the veins are often narrow, their gold grades can be high, especially in localized "shoots" that occur where the vein geometries change.