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 : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: koan1/26/2007 10:57:17 PM
   of 78427
 
This market is sort of strange to me. I keep trying to find out the variable that is triggering these explosions?

Some letter writer made RDV its play of the year today I hear-here may be why:

RDV today--well, they have 10 million tons of 6% zinc 1.5% copper, 1.5% lead, 3.5 oz silver and 1/10th gold per ton. In two past producing mines 9 kms apart.

And this last summer of drilling found two different lenses of super high grade stuff e.g. 1 oz gold per ton and 20??% zinc over prettty wide depths and they were at opposite ends of 9 Km between the two existing mines telsequa chief and big bull. High grade wide zinc to the north and 1 oz golld to the extreme south down river.

There could be 10 billion or more or there. It is like Sudbury, Very rich and very large deposits. The AJ mine 40 miles away was the largest underground gold mine in the world at one time. Was mined for 50 years and has 100 million tons of .05 grade bulk gold sitting there right now.

RDV: Permits in hand, but need a 100 km road.

Is this the variable. The world market is shopping for ready to go deposits? Maybe more amorphous like the market is looking for value and is paying up for it?

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