Corner Bay Silver (BAY.T) Message Board

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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: IngotWeTrust who wrote (3723)	4/3/2002 1:36:03 PM
From: Claude Cormier	of 4409

<NO, STUPID! It's NOT the # of meters drilled. > You can call me name if you want. Who cares... Let see if you can figure this out: Drill 20 holes 400 meters deep each of them. The holes are right angle and seperate by 25 meters each as shown. The rock has a SG of 2.6 x..x..x..x x..x..x..x x..x..x..x x..x..x..x x..x..x..x Let say each hole returns an average 400 meters of 5 ounces silver. Do we have a proven reserve? How much silver in this reserve? Now try it again with 36 holes drilled 200 meters depp this time, same grade, same SG, same angle. x..x..x..x x..x..x..x x..x..x..x x..x..x..x x..x..x..x x..x..x..x x..x..x..x x..x..x..x x..x..x..x Do we have the same reserves and same number of ounces? What are they? Claude

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