Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: hubris33	3/17/2006 4:57:26 PM
	Read Replies (1) of 78410

Just looked at the USGL combo deal a bit more in depth. Looks like the combined company would have 2,000,000 ounces of reserves and resources. That's over $1B worth of gold in the ground with much more to be identified. White Knight brings; 285M oz Reserve and 138M oz Resource @ Gold Pick 28M oz Resource @ Cottonwood Coral Gold brings: 584M oz Resource @ Robertson Property USGL brings ~1.0MM oz M&I Resource from Tonkin Springs, see page 27 of: bactech.com USGL will have two Gold Mine/Processing facilities: Magistral Mine in Mexico and Tonkin Springs. Certainly Magistral could be restarted to generate some cash, if McEwen can do a "Red Lake" upgrade on it. Then the combined company will have 43+ properties with JVs on 10 of those properties. H3

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next