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Gold/Mining/Energy : Precious and Base Metal Investing

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To: loantech who wrote (14169)7/16/2003 3:59:20 PM
From: E. Charters  Read Replies (1) of 39344
 
Gee whiz, loantech, that brokerage you work for must be looking to dump a pile of that Miramar they have accumulated over the past 4 years. You would think they had a gold discovery or something instead of a giant white elephant of a mine up in god's country. What ever became of Wally what's his piffle and all those PhD's they had working for them?

Tight news means they haven't got much of it. Small discontinuous structures. Damoti Lake. But hey, anything's possible. Even Hemlo, with 688 feet of .30 ounces. or the McLeod Mosher F zone with 150 feet of .50 ounces. The Lakeshore main zone, of 30 feet of 0.50 ounces. Or the McIntyre with 600 feet of 0.25 opt. (Yes, those were historical widths, not lengths. And the Detour Mine, in Timmins with 1.5 million ounce mineable left in it, had some of the largest open stopes ever mined in a gold mine in CDN history. If Dome had not mined it, but a junior it would have been front page Stockwatch news.) Somehow I don't think they will hit that. There was only one Hemlo.

Good luck with it. It is a skillful SI promotion, like many of the promos we see here. 2 dollar stocks, and 1.50 potential, but it's "to the moon alice".

I guess you have to sell your stock to somebody at the peak price. :)

If you want to take a look at a company with a chance of hitting the big one, and investment grade potential, take a look at KGI. Their average drill intersections is over 200 dollars CDN over mining width. And they stop at (they hope) 20 million ounces, which would make them the third largest AU mine in North America and one of the 20 largest gold mines in the world. But hey.. it's narrow vein and it's in Ontario, so we can ignore it.

EC<:-}
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