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Politics : Gold and Silver Stocks and Related Commentary

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To: Condor who wrote (14301)6/15/2005 6:56:03 PM
From: Claude Cormier  Read Replies (3) of 18308
 
Not a good idea to extrapolate from that picture only.

This drill pad is to CKG holdings in Oaxaca what your home town is to Canada, or some similar sort of order of magnitude.

La Gitana itself is more than 4 kilometers long. The drill pad on the mountain side is only one location from where they decided to drill from in order to test not only the belly of that mountain, but also the feeder system underneath.

An economic deposit could hide anywhere on any side of the mountain and at any elevation. Such an economic deposit could have many characteristics that would make it very low cost despite the apparent rough terrain.

For a rough comparison (in terms of topography only), look at Southwestern Boka deposit

swgold.com

In particular, look at slide 8, 16, 17 and more of this presentation

swgold.com

Also take a look at Viceroy's Gualcamayo.

viceroyexploration.com where the ore will be moved down to the valley through 2 km long conveyers.

In short, a mountain can always be strip off from the top at a very low cost.
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