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 : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.
ORI 42.68+1.3%Nov 12 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric Rojas who wrote (35)3/22/1997 11:22:00 PM
From: CLK   of 444
 
This is in the southern yukon and it is right near Whitehorse. They can mine year round and the mill is already there. They hardly need any ore but they will have "tons" of it to make a pun. The reason they do not need much is that ORI already has enough ( the 300,000 ) to go into production so all the Goddell needs is enough to enrich the ore. However I feel sure that we are looking at a multimillion ounce situation. We are extremely lucky to have "gramps" online with us who used to be on the board of directors of AKA . How many sites can have that. Information is power and in this case money ( isn't money power too?) Anyhow the cost of this mine will be less than usual because the infrastructure is mostly already in place and I see no problem in passing the threshold for necessary ore. However, it is important that when the decline is extended that the strike length continue to expand. If it were not for that we would not need to speculate - we would know. The geology is special! That is what you need to keep in mind - the possibility of a widely disseminated deposit like a porphyry with .2 gold (Copper porphyrys run into the hundreds of millions of tons)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext