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 : Precious and Base Metal Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (5701)12/4/2002 11:56:38 AM
From: TrueScouse  Read Replies (2) of 39344
 
Russ:

I've also sold some of my SWG because it's got ahead of itself. But there's no way I'm selling the rest and I'd suggest you take another look at it, despite the "country risk".

The Boka 1 zone is stated in SWG's most recent quarterly report to be "about 2000 metres in length, at least 200 metres wide and 150 metres thick". Do the math. That would be about 180 million tons if they prove it up. Even at 1 gpt that would be over 5 million oz. At 4 gpt...? And this is just one of 10 "known gold zones" on the property. The potential is enormous, and I agree that there is plenty of risk and it's very early days, but risk and reward is what it's all about! :^)

Best regards,
Howy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext