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

To: Rocket Red who wrote (66489)	7/29/2009 10:02:26 AM
From: Claude Cormier	4 Recommendations Read Replies (3) of 78410

RR, No doubt the grade is lower in these two holes. But 2 g/t avg is not low grade and is same as what North stock has so far avg. Furthermore, those first holes are in the Miwah Gold zone where previous results were sub 2 g/t. They are not in the South Miwah Bluff Gold zone where the very high grade results have been obtained from channel samples. I suggest to you that the grade is not everything. There is a lot more to the economics of a deposit. The big advantage of EAS results over EVG results is that the ore is from surface and appears continuous. At EVG the high grade starts at 120 metres and continuity is not always good. It is indeed not very good in those holes that went to 500 meters like # 12. As I see it, only EVG hole # 20 is better for me, because of the high grade pocket. Second, the foot print at Miwah is 4 times larger than at the North Stock of RattleSnake. So overall, it is way too early to say which company will end with the better (most economic) deposit. I like both play, but prefer EAS. I agree if you say that the fact that EVG is in the USA will give it a marketing advantage. No doubt. OTOH, EAS has a better capital structure and lower cap than EVG. EAS has also a very significant shareholder in the name of Fronteer Development who just recently took position. At first glance, we have two very nice speculations to follow. Time will tell which one becomes the best investment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next