SI
SI
discoversearch

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 : Canadian Rocket Red's Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sageyrain who wrote (8778)9/17/2006 8:03:03 PM
From: teevee  Read Replies (3) of 19697
 
sageyrain,
the sediments and volcanics were deposited in an extensional geolgocial setting. They are undoubtably riddled with faults and likely not only porous, but very, very permeable. That is the nature of aquifers-porous and permeable rocks. Until test wells are drilled and it is proven otherwise, I will err on the side of caution and I suspect the big mining houses will too. It is impossible to determine what ARU might be worth on a discounted basis until a mining plan is made on a proven reserve. Serious water problems would have a major impact on development and mining costs, thus affecting a discounted NPV. Needless to say, there is lots of information and many issues not yet factored into the "blue sky" everyone sees here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News