Samex Mining | OTC:BB - SMXMF | Canada - V.SXG Message Board

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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

SMXMF 0.0001000

0.0%

Sep 10 5:00 PM EST

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To: Travbfree who wrote (365)	6/9/1999 2:01:00 AM
From: Travbfree	Read Replies (1) of 539

Is it wise for the weak of heart to invest? To panic and dump? Let's consider... Probably all the mines in the world that hit on the first two holes could be counted on both hands...why is Eskapa different? If Eskapa is expected to be different than any of the others in this manner, that is a strong reason to buy, not sell. However, let's consider what we are dealing with here. Our target zone is 2km by 1.2km!!! Now not to compare, but to illustrate how small an area within this zone needs to 'hit' to be economical... Aproximatly 23% of Canada's gold ore comes from a hole 60'x 900' (that's not meters). That mine hit on drill hole 79-80. Different place, but keep perspective. Purina, a mine which Barrick owns and after which the geologists model the Eskapa property...could fit between drill hole 1 and 4 on this target zone... and that's a profitable, low cost mine...what did their juniors share value go from? .50 to $30???? On average, most discoveries happen around the 14th-15th drill. So much more could be said here concerning this (like all this doesn't mean that they will hit...it's still a speculative stock), but suffice to say at right this moment Samex is over sold... Lefty; Not to be rude but, you may know that I'm not broke no matter what Samex does, broke happens between a persons ears. Know what I mean??

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