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Strategies & Market Trends : Winter in the Great White North

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To: E. Charters who wrote (6543)5/18/2005 12:00:12 PM
From: E. Charters  Read Replies (1) of 8273
 
The Evil Twins talk about gold.

"Gee yah, Evil Twin II, do you realize that one of those intersections was 40 feet of 0.14 oz's troy per short ton. That is great results for an Ontario driller.
I see they also had 24 feet of 0.17 oz's per ton in another hole and 37 feet of 0.17 in one more and up to .609 oz's per ton in some intersections -- proving the grade is there. Those are huge intersections, biggie ton builders. In one 40 foot intersection they could prove as many as 33,000 tons. (To prove a mine of stuff that thick, at a grade of 0.17 you would need less than 178 holes. -- assuming) You would think somebody would want to mine that, as it is significanty better widths than most gold deposits in the area, and as good or better grade than Barricks former producer the Holt McDermott."

"I can see that Evil Twin I, but it is as if nobody cares. I will bet you not one sillyconned investor in ten even knows about the Acrex JV and even fewer about the history of the Michaud deposit."

Too bad.

EC<:-}
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