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Gold/Mining/Energy : Prosperity Goldfields Corp

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To: pirate_gold who wrote (597)	8/2/2011 10:28:18 AM
From: E. Charters	1 Recommendation Read Replies (1) of 906

They have been looking for the motherlode, the fatherlode, the littlebabylodes, and the cousin-in-lawlodes since the Guggenheims built the Yukon ditch. They knew about glacial transport and distances based on gold appearance since Dawson built his city. What they know now is to look at microgeochemical signatures, do grid geochems, and to diamond drill the crap out the stuff. Back then they did not have diesel backhoes or DDH's. The first diamond drill came to Canada in 1890. Wireline did not get going until the 1960's with Canadian Longyear (from one of the towns I lived in). Grid geochems for gold. A or B horizon did not get started in earnest until the late 1980's in Ontario. There are fewer John Henry's driving steel back in the far back bush today, but more money and HE working the land. A modern piece of HE can do the work in one hour that a 200 strong men could do in a day, and better. And they won't do it at all in frozen crap unless they build a fire. A D11 with a ripper can tear up permafrost today like a spoon tears up Wheatabix. This business is all about an evolution of technology and revolution of application on the heels of evident success. As simple an idea as gridding thousands of geochems because the gold is evidently point source and not related to acres of granite is something a so called amateur had to try and try. The biggie companies are too rationally doubtful to risk the effort. I used to say prospectors found 80% of all the mines. It was more or less a statistical fact. The pundits who had never prospected or even shook hands with a prospector told me in the latter day that prospectors were being supplanted by the big companies who had more money and better techniques. Not so then and not so today either. By Webster a prospector is any individual who stakes a chance on a property or idea and works it towards fruition of its potential. He could be a salesman working a territory, a buyer of land, or a staker or owner of claims. He does not have to have in depth geological knowledge but good market and mining advice at least. He or she has to be shrewd judge of value basing it on a myriad of factors. But he or she can be a worker in geology and mining applying the highest science and the greatest effort in working the land for minerals in the traditional and newer ways. The prospector is the many and the hopeful and the persistent. The companies and geologists are the few. I have hope for both and faith both will exist as long as mining is around. It is the time honoured tradition of free enterprise that hones the skills of both sides of the equation and for the greatest efficiency of the industry both must reign sublime. EC<:-}

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