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 : Major Discovery from current drilling STARFIELD-C-SRU

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hotstox who wrote ()4/15/2000 9:28:00 PM
From: winston.s.c   of 27
 
Now the feeling is around the PFN thread that those assays are pretty good.Now remember the mining cost at that location could be very cheap maybe as low as $10 a ton.That is $40 a ton rock.($30 profit a ton)
Now have a look at SRU's assays.Over $200 a ton rock.Now the mining cost would be higher probably $60 a ton.($140 profit a ton)Starfield has over 11 million tons blocked out already.(Over $2.2 billion in ore)
PFN has 18 million plus shares outstanding when fully diluted about the Same as Starfield.PFN is trading was trading at $1.95 a share before the halt,Starfield closed at .58 cents.
Now you tell me what is a better buy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext