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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE]
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To: JUNIORSPECULATOR who wrote (350)10/11/2000 7:57:24 PM
From: Elizabeth Andrews  Read Replies (1) of 364
 
The results are more than interesting but they are not clearly economic and the market won't tolerate near hits. The best interval is only over 5 meters which means tonnage will be expensive to delineate and at this grade it doesn't make sense. It need several tens of meters of 2 grams PGE per ton to get interesting in terms of market cap. However, this has to be followed for more results and maybe a sweet spot.
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