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Politics : Gold and Silver Stocks and Related Commentary

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To: Condor who wrote (17499)8/20/2005 7:44:25 PM
From: tyc:>  Read Replies (3) of 18308
 
>>Whats the depth. 3g/Ton ain't much at depth IMO

Thanks Condor, I thought I recalled your saying you owned FNX, Sorry ! But as always your comments are helpful.

The resource estimate that justified the prefeasibility study was from surface to about 800M. Additional drilling has extended the deposit 400M down plunge, and they have expressed confidence of increasing resource to 1.5M oz. However the resource so calculated excludes all intervals of lower than 6 g/t. If this cut-off were reduced, surely the resource would be significantly enhanced.

Seems to warrant speculative interest but as usual I'm a voice crying in the wilderness !!
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