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

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To: koan who wrote (68077)11/21/2009 11:49:35 PM
From: E. Charters  Read Replies (2) of 78418
 
That is nice.

Do they. (NOT.V) have an updated resource calc?

10 to 15 million tons is beginning to sound suspiciously like a mine. Of course it is not as big as the sky, but it is at least bigger than bread box. We get people with 8 cent stocks building railroads into the area from the ONR line. You would think there was some kind of area play developing there. Or maybe they are dreaming. They drilled that McFauld's area for so long for Cu-Zn and it just did not excite. But finally after all this grinding it is beginning to "Snow Lake." The geopotential has finally hit home. I don't know how many Cu-Ni drillers I have seen go nowhere. Why Falconbridge drilled the Raglan (Cu-Ni at 3% Ni) for the first time in 1968 and it took them until 1993? to start putting it into production. Am I wrong. Does 135 metres sound like a wide intersection to you? What is that, 443 feet? 313 feet true width or at least 221? Polygons around that hole of 125 feet would give you 523,000 tonnes @ tonnage factor of 9.5 cu feet per tonne. To mix a few units. Hmmmm... of how many per cent nickel et al? -- @ 1.65% Ni = $274 Ni per ton?. That is a 143 million dollar hole in Ni alone. hmmmm...

Tribute Minerals was crowing about their visibile Cu-/~Ni, possible PGM, core the other day in a new area. I wonder if the assay lab is their friend these days?

EC<:-}
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