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 : Gold Price Monitor
GDXJ 126.68+0.4%Jan 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lorne who wrote (69034)5/10/2001 8:09:21 PM
From: E. Charters  Read Replies (2) of 116856
 
-++ I had heard of Inco. Small nickel and copper mining company struggling to make ends meet in Levack or Coniston somewhere. Seems they got taken over by some fishermen at Voisey Bay and are now in a death struggle with some newfies who say it's time to smelt or cut bait. BTW, speaking of fishing my father was a master baiter.. but that's another story.

I fled Timmins when the mining industry got too exciting. I expect they will be scrapping Kirkland Lake soon. I doubt that the energy, money or belief will ever be there to start 500 million dollar underground mines for Gold. I think that died with JB. Tyrell. Not that the ore is not there. And blocked out too.

I think Royal Oak died with 7 million ounces proven and some that they didn't even know about. I know of a few ounces underground too. It almost seems that it will stay there forever. The federal government water and air boys hassled Kerr Addison for 20 years about roasting and copper in the water. It wasn't even the province that did it. But there is one idea. I know that with the new and better recovery methods for water and air pollution one could meet those standards and get water and air permits. But we still need 400 dollar gold and 300 million dollars to go mining some of these deposits. That alone is the show stopper.

Golden Shield and those boys spoiled the show there as they could not get the money, nor knew how to get the permits that they needed. Without roasting or autoclaving you cannot do it. And now that they tried many are saying that ore I knew was there 23 years ago is not.

EC<:-}
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News