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 : ORXX - Orex Gold Mines Corporation
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ga Bard who wrote (955)8/27/1999 6:49:00 PM
From: Zeev Hed  Read Replies (4) of 2392
 
GB, I just read a recent release relative to the St Maria mining and found the following there:

Discovered from a gold outcropping on the site, the mine was drilled by FMC Corp. and Energy Fuels Corp. The detailed
development drilling defined a large vein of 90% silica, which washes out to nearly 99% pure silica (possible fiber optic
grade). Silica is used in fiber optic cable, computer chip manufacturing

By gosh, that is smelly for a gold miner to be digging for quartz, there are so many sources of white sand (pure quartz), no one is mining quartz for fiber optics and chips.

But then they get us to the following:

and the main component in automobile tires,

????????????????????????? What is that? Since when is quartz or any derivative thereof the main component of tires? Even if they decided to replace carbon black with aerosil, you surely do not need high purity quartz to get tire grade aeorsil. But of course, very little if any aerosil goes into tires, maybe some silicones.

This indicates to me a "little tendency" of composing releases for the sake of release (and shall I dare say it, corporate hype??) rather than for factual informative purposes. I would say GB you should be very careful with this outfit.

Good luck.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News