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Gold/Mining/Energy : ECU Silver Mining Inc

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To: porto who wrote (664)5/14/2006 12:39:08 AM
From: zoo york  Read Replies (1) of 672
 
As long as the company continues to report wide intervals of skarn as they continue their drilling, then I do not think the run is over. In fact, as they are able to step out the limits of that bulk tonnage system, the asset value will begin to grow and that should support a higher price multiple for the company. I am looking forward to visiting the mine again, the week after next, and seeing this new area they have opened up with the wide stockwork zones. When I was there last year, they were mining multiple veins that were only a foot or two in width. Very high grade stuff, but not much tonnage. Now we have the opposite situation at depth, with large tonnages of lower grade ore. If you ask any mining engineer which type of deposit presents less challenges, they will opt for the bulk tonnage mine.

cheers!

COACH247
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