SI
SI
discoversearch

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 : Winspear Resources

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Joy who wrote (9116)11/3/1998 11:42:00 PM
From: Chad Barrett  Read Replies (1) of 26850
 
<< do you guys really think it is possible to see 80
million tonnes? >>

Nope. Definitely not if it is just the dyke. Possibly if they find the pipe?

Although teevee's math may be correct for the assumptions he made, the drilling certainly hasn't tested the entire circular 2.5km radius cone dyke structure he refers too... not even close... so the odds of all of his assumptions falling into place seems to be small.

Having said that, even 10 million tons of dyke with the grades we have seen would be GREAT! Anything above that (up to the "theoretical" 80 million tons) would just give even more value to the stock. A pipe would result in a bonanza! I don't even want to think what the trading would be like if that happened!

Actually..... I DO want to think of what that trading would be like... *Big A#@ Grin*

Chad
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext