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Gold/Mining/Energy : Rock Resources

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To: the Chief who wrote (964)	3/16/1999 12:11:00 PM
From: Mike Gold	Read Replies (1) of 1996

It is indeed a fine line between bonanza and bust with these big porphyries! A .5% copper maybe a bust but a .6% with gold maybe a go and a multidollar ROCK share price. By the way, how many holes to prove up a 2 1/2 billion ton deposit? I use that number-it works out to about 1 cubic kilometer of minerlization. If we assume 50 meters offsets-I figure you need 400 holes each 1000 meters long! Looks like ROCK is going to have to quite the drill program to prove this sucker up. Actually, its clear it will be bought out long before the drill program is ever finished. Cheers!

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