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Vista Gold Corp. Message Board

  • goldmanpillageandsack goldmanpillageandsack Apr 1, 2013 4:24 AM Flag

    Pumping

    Pumping has commenced as of 3/30 at a rate of 130 litres per second. It will continue until water levels in the Edith River drop and the dilution rate can not be sustained.

    It will be interesting to see how much the water level drops in the RP3 pit.

    Keep in mind that the PH of the pit is now at 7.5 and 79% of the last and most difficult to remove metal in solution (cadmium) has occurred in the top 15 meters of water.

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    • Sad for the local Indigenous population and the Edith River fauna.

      Sentiment: Strong Sell

    • 1) This is a bear market, none of the rest matters when the entire sector is folding and a wholesale shuttering of many mining companies is in the offing.

      2) The CEO just said the other day, that due to horrendous market conditions, nothing will be going forward for quite some time.

      VGZ has not mined one ounce of gold in many years now, and likely won't for some time, the longer they just sit and waste away waiting/gambling on better conditions..... they never would have thought this would be the case at $1,600 gold when it was $500.... the more it's going to take to eventually get some ounces out of the ground.

      Even the TV podunks on Gold Rush and Bering Sea Gold are able to get some revenue, on shoestring budgets.

    • ubuntu_linux_is_the_best_os ubuntu_linux_is_the_best_os Apr 1, 2013 4:58 PM Flag

      LMAO - Wrong board although there will be plenty of pumping here when gold charts head north again.

      Sentiment: Strong Buy

 
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