Bob Johnson needs to be weaned off the Gold and Silver :o)
SI: StockTalk: Gold and Silver Mining Stocks To:russwinter From: Bob Johnson Thursday, Oct 11, 2001
Couple of stocks with VERY good increases in reserves:
RESOLUTE LTD The Board of Resolute Mining Limited announced today a significant upgrade in the mining reserves at its Golden Pride mine in Tanzania to 13.1 million tonnes grading 2.5g/t Au for 1,072,957 ounces.
This represents an increase of more than 500,000 ounces over the reserves remaining at 30 June 2001 (5.8 million tonnes @ 2.91 g/t Au for 545,929 ounces).
flq.com.au
EQUIGOLD NL The minable gold reserve has increased by in excess of 80% and at the current mill throughput rate of 2.5 million tonnes per annum the mine life of the project has increased for 18 years. This almost doubles the original mine life of 10 years. flq.com.au
eXtra
SI: StockTalk: GOLDEN PHOENIX MINERALS, GPXM From: Robert J Mullenbach Thursday, Oct 11, 2001
... web site has been updated, golden-phoenix.com I like the testing for Gold Flacks ( Flakes) ?
October 9, 2001 We have several very good leads on our Mineral Ridge reclamation bond and feel confident that we will have it posted by the end of this quarter.
We continue to upgrade our facilities at the mine and will have the operation ready to go when the agencies are happy.
We published a press release today, which reported... ... found some small flacks of gold in the concentrate.
Assay results should be completed in about 5 days.
the-privateer.com
From: M Veit Thursday, Oct 11, 2001
<<Mike completed a metallurgical study today at the mine with Gene McClelland of McClelland Labs.>>
I wonder whether this is a "chain of custody" study to verify that the ore is indeed amenable to gravity concentration.
Such proof would raise a few eyebrows and do the company a world of good...
"In other news... for gold recovery would be effective for the higher grade Donlin Creek ores.''
biz.yahoo.com
<<found some small flacks of gold >>
Maybe so much heavy stuff was bouncing out of the bowl that flack jackets were needed <G>. |