SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Gold Corp (IGCO)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert who wrote (149)9/27/1998 8:33:00 AM
From: Semyon Kuretsky  Read Replies (1) of 405
 
Something is up in the air...
the results from first 3500 feet(only 7 holes) are being assayed in the Independent
Lab.. and could be very significant in terms of proving reserve.
3500/19000 gives us 18% of all planned drilling. 500mm tons * 0.18 = 90mm ton
If we assume that detail results are the same as they were before (0.14/ton)
then 90mm * 0.14 oz = 12mm oz of gold. Even if 6mm will be proven for now, the Street will
notice and this stock will go wild...
With an increased volume started on Friday this stock will be closely watched and
will be on many radars..
It is hard to figure when official news will be released and it might take awhile..
Let's keep our hope high
Regards,
Sam


Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext