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Gold/Mining/Energy : Copper Fox
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To: xwolf who wrote (10369)10/26/2016 2:36:01 PM
From: louel1 Recommendation

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Theotokos

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Don't mean bash this but previousely Bell came up with (from 282 to 342m averaged 0.22% copper, 0.004% molybdenum, 0.02 g/t gold and 0.06 g/t silver) Thats is under 1/3 of a Km of overburden before they get to it.

That it is less than 1/4 of 1% Cu less in silver and gold.
Then 1/2 klick down was not much better. Far from profitable mining. 476 to 484m and averaged 1.61% copper, 0.029% molybdenum, 0.056 ppm gold, and 5.9ppm silver. It makes shaft creek and CXM look like the richest finds on earth.

They would be better off exploring the DOK property by Galore. The topsoil contains near the same grades. It is hard to understand Elmer's approach. Or stake other claims in the area like ABN

Exploring for Copper in a region that is starving for water and hasn't seen rain in four years plus.
The water levels are so low in lake Mead , the generators at the hoover dam had to be revamped to keep electricity generating.
At 1050 feet it is the lowest ever on record. It is still falling and now the critical level is 950. They have to walk 6 or 8 hundred feet from the lake shore to the outer end of the former long deeper water boat docks.

Discussions are underway to build and pay for a desalination plant in Mexico. The Mexicans would use that water in exchange for the US siphoning of an equal amount of the Colorado river flow Mexico is entitled to.
And Elmer makes the region a focus for projects which require water to operate ?

Buy Boxer's Gordon Lake gold property and push that. It had tremendous high grade historical assays. Is in a gold rich location and hasn't had a shovels worth of work done on it in decades. Precious metals have maintained their price and probably will for some time to come yet.

Perhaps he suffers dementia and has forgot it. The thinking falls in line with the claims bungle at Carmax.
I believe Shaft Creek was his biggest ever discovery. In my opinion along with many others. By agreeing to the J/V he blew it. Rather sad for all. The other question, Does he really care ?
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