Samex Mining | OTC:BB - SMXMF | Canada - V.SXG 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 : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

SMXMF 0.0001000

0.0%

Sep 10 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: johannes neilson who wrote (90)	2/16/1997 1:07:00 AM
From: John Stokes	of 539

Johannes! I bought into this play in July of 96 and have been following it since that time. I take it that you are refering to the Santa Isabel site when you are speaking of a huge deposit. I noted the mention of chalcopyrite and chalcocite in news releases which are main host ores for copper but the grades so far are so low that production is not economical. imho International curator has tons of ore grading 2% copper =40LBS * ton. .025% = .5lb per ton of rock processed. A ton of copper is worth app. $2200.00 per ton pure in the market place which means the Santa Isabel deposit would have to process 4000 ton of ore to produce $2200.00. If i'm missing something here please let me know.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next