ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res. 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 : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.

ORI 40.07

+1.9%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gramps who wrote (341)	1/21/1998 9:08:00 PM
From: Al Cern	Read Replies (2) of 444

How about this for a scenario. Wiluna Mines in Australia has a been perfecting a process developed in S. Africa, to bioleach sulphide ores. Excess heat generated in the process, killed or made the bacteria inert, slowing the process, so extra cooling capacity had to be added. In the Yukon heat retention isn't an issue. Oddly enough the 7+grams/ton headgrades, are remarkably similar to ORI's. Wiluna's major shareholder is Homestake, via its acquisition of Plutonic (19.9%). Homestake is aware of ORI and its reserves/potential. Do we get a mill, do we get a buyout, or do we get nothing?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next