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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (2479)1/22/2000 4:34:00 PM
From: goldsheet  Read Replies (1) | Respond to of 8010
 
Claude, do you or anyone else know of any US exchange traded penny silver stocks? Thanks.

Silver Assets (OTCBB:CILV, about 4 cents)
Chart: stockmaster.com
Website: silverassets.com

Mines Management (OTCBB:MNMM, about 25 cents)
Chart: stockmaster.com
Website: none

There are still a lot of Coeur d'Alene Penny stocks.
Pennaluna pennaluna.com is a brokerage that still covers many of them.

Great maps of mines in district: pennaluna.com

List of six firms at pennaluna.com

Atlas Mining:ALSM - 12 cents, atlasmining.com
Abot Mining:ABOTE - ????
American Silver: ASLM - ??????
Independence Lead:ILDM - 44 cents
Sterling: SRLM - 34 cents
Shoshone:SHSH - 9 cents

Note: Could not get quotes for ABOT or ASLM, so they may no longer be available OTCBB.

Other still trading:

Silver Buckle (SBUM: 19 cents)
Royal SIlver Mines (RSMI:7 cents)
Vindicator Silver Lead (VINS: 6 cents)



To: Richard Mazzarella who wrote (2479)1/23/2000 7:26:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
<<Claude, do you or anyone else know of any US exchange traded penny silver stocks?>>

If you want to know more about them... you should check

pennaluna.com

They are stong on stocks from the silver valley and have a free newsletter I think. There are quite a few swinger in this category.. None with real substance, but they are all movers when silver moves.

CC



To: Richard Mazzarella who wrote (2479)1/23/2000 9:17:00 PM
From: baystock  Read Replies (1) | Respond to of 8010
 
My favorite penny silver is Cream Silver. It trades under the symbol CRMXF in U.S. and CMA.V in Canada. The President is a fellow named Frank Lang who is well known as a gold mine finder over the last 25 years.

Fact sheet
langmining.com

Old interview with Rick Rule, where they speculate on the possibility of 15 million tons of $100/ton rock:
langmining.com
<<Art: I just came back from the property and we had a very good look at it last week. We flew over all of it by helicopter. I visited remote areas at higher levels, above the road accessible levels I had observed earlier. We have two very important structures there along which are nine former silver producers. At the time they produced, at the turn of the century, they were mined from bonanza loads and they needed a minimum of 50 ounces per ton to survive. Some produced as high as 150 ounces to the ton from small bonanza loads that were within larger, lower grade zones that we are now aware of!

These two structures extend the full length of the property, 11 kilometers. The width is on the order of 25 meters in the areas we?ve seen it, with mineralized widths running about 10 meters. We trenched down to bedrock and we?re getting grades on the order of $100 U.S. to the ton, and in some places grades exceed that.

We?ve seen the zones continue through an elevation change of more than 3000 feet, so we can project enormous tonnage potential along the structure. What we have to do this year is drill off a significant portion of the structure to determine how much is mineralized.

Rick: So you suggest that you are going to drill enough holes this summer to confirm further results and outline enough resources, this season, so that people can develop present value calculations?

Art: That is our objective.

Rick: What is your goal for this season, in terms of tonnage and grade?

Art: I?d like to see us come up with enough intercepts that we can infer a geological resource on the order of 15,000,000 tons, plus at $100 rock. At least half of that value would be silver.

Rick: So you are talking 10 ounce silver?

Art: The "Silver Bear" zone is giving that up now. We got 11 ounces in trench samples and 200 meters away, on strike, they were shipping 50 ounce rock at the turn of the century. So the grade is there and the structure is there, we need to demonstrate that there is continuity to do tonnage projections.

Rick: Do you have enough time this season to delineate 15,000,000 tons? This seems like an unreasonable zone.

Art: We don?t think we can prove 15,000,000 tons this season, but we can test enough of the zone to infer 15,000,000 tons, and a reasonable inference of 15,000,000 tons of $100 rock, that $1,500,000,000 of material should excite the market, it excites me!>>