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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who started this subject8/7/2003 2:07:43 PM
From: loantech  Read Replies (5) of 39344
 
Here are some rambling uneducated thoughts on SVL. claude please correct me here or add to the post:
1.http://www.silvercrestmines.com/blanca.html
<Sample results from a United Nations report yielded grades ranging from 1,945 g/t to 7,600 g/t silver. A modest first phase drill program will test for mineralized continuity between the adit access and the hilltop.> ENOUGH SAID!!!
2.http://www.silvercrestmines.com/elocote.html
<Accordingly, the El Ocote property contains an estimated resource of 16 million ounces of silver with the potential to increase to over 20 million ounces> THIS IS ONE OF FOUR TARGET AREAS AND HAS BEEN DRILL TESTED.
3.We have some excellent drill proven and deep channel tested targets. NOT ONE DRILL HAS BEEN SHIPPED TO IMR. WHY?
4.Every analyst on the planet was touting CDU. ONLY CLAUDE HAS RECOMMENDED SVL, THIS STOCK IS UNKNOWN.
5.http://www.silvercrestmines.com/InvestorsA.html
There are 11.3 million shares issued. Management owns 5.35 million and the public float is only 5.95 million shares.DOES THIS COMPANY HAVE MANAGEMENT SUPPORT OR WHAT. CHECK THE % OF MANAGEMENT OWNERSHIP IF CDU OR IMR.
6.Claude has said in his Ormetal report which I highly recommend to anyone who is to cheap to buy it that the grades so far in El Ocote are 60% higher than thoise in Cornerbay. DOES ANYONE HERE REMEMBER WHAT HAPPENED TO CORNERBAY?????
7.SVL management is fastracking a feasibility study. They have several drill rigs turning as we speak on their 4 targets. There are rumors and rumors only please that SVL may be acquiring more high grade properties.
8.As with #7 above there is not just one target area they have four. If a assay report is not what is expected they have 3 more chances.
9.We have had a nice move up in silver, what happens if we get to $6.00 silver?????????

Okay enough of a rant.DISCLAIMER: Do your own due diligence. All of the above INHO only. I bought an additional 31,000 shares in the last two days so I can make the chart look good to jims101 and vt etc. <gggg> I am long a very nice position.

Now for a juicy tidbit. I don't want a lot of complainers so I want to disclose that I bought 13,500 shares of CBR today while it was on sale.

In addition I added 9,500 shares of INM.http://www.northair.com/international/
I am the volume today period. No one is interested in this stock. Good. I can add while it's cheap.
I like the size and potential grade of El Tosoro:
<<El Tesoro is an undeveloped and relatively unrecognized district that contains multiple high grade gold vein systems, as well as an excellent potential for bulk tonnage precious metal deposits. The district lies along the western flanks of the Sierra Madre Occidental province, one of the largest volcanic belts in the world, and recognized as an extremely prospective mineral belt for gold and silver deposits (see map). Road access to the project is available from El Salto, Durango or Rosario, Sinaloa, and is well situated with regard to any potential mining operation (see map). Observed zones of mineralization occur within a northwest trending belt that is over 2.5 kilometres long containing several parallel veins. The Company’s initial work has identified at least seven zones of classic high level, low sulfidation, epithermal gold mineralization in vein type systems. Strike lengths and true widths of the high grade mineralized zones have yet to be determined due to post-mineral volcanic units that cover nearly 70% of the project area. There are however, numerous old underground workings developed by gambusinos that locally provide excellent exposures of mineralization over substantial strike lengths.>> <<Initial sampling from one of the recently optioned core concessions, reported high grade gold values up to 55 g/t.>>m LOOK AT THE SIZE OF THIS PUPPY:<<The El Tesoro Project is located in the state of Durango, Mexico, and comprises approximately 1000 hectares covering a complex structural belt that is at least 2.5 kilometres long and in excess of 600 metres in width.>> I LIKE THIS STATMENT FROM THE WEB SITE AND I BELIEVE CLAUDE CONCURS:<The results from the program demonstrate impressive grades of gold and silver mineralization over significant widths. The sampling was completed from rock exposures developed through a combination of hand trenches and existing outcrops, as well as in cross-cuts within old mine workings.> I see excellent potential here.

One other thing. I sold some AQI to make my purchases. I love AQI and it has excellent potential.I had a very large position and still retain a nice position. In some ways SVL and INM may be more risky than AQI but they have more potential for a massive rise in stock price because there is less know about them drill wise and as I said before about CDU they are not being covered by 100 analysts. so I am long SVL and INM and AQI.
GOOD LUCK,
tom
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