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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Little Joe who wrote (7970)	2/19/2003 5:56:44 PM
From: GeoDude	Read Replies (2) of 39344

Little Joe: They found anomalous (>5g/ton and thats a lot)silver in soil over a magmatic event that could be the source of fluids rich in silver. Magmatic events (intrusives in this case) always have some fluids but often these are barren. Confirming that they have silver is a big +. If, as in their other deposit, the fluid predominantly migrates through conglomerates overlying or adjacent to the magmatic event and if that fluid precipitates the silver in the conglomerate, then that conglomerate will be rich in silver. So all that we need now is to verify that there is a conglomerate (low risk), how thick it is (medium risk) and what the grade is (high risk)... Of course my theory could be wrong and then its just a crapshoot ... This is simplistic and would improve if I had a lot more data but it is my more-or-less educated guess. The truth machine (drill bit) will soon tell all but I remain optimistic. If this works, it will be like shooting fish in a barrel hehe. IMVHO LIA

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