Silicon Investor (SI) -- The First Internet Community

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 : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Lapp who wrote (21464)	2/21/2000 12:35:00 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 34075

<<Do you not agree that Mr. Paravicini has immpecable credentials, do you know that Paravicini knows this district VERY well.>> I don't know the man so I can't comment. All I can say is if he is right, he has yet to prove it. I agree that there is gold at Cangalli, potentially enormous quantity. I have always said that. But I think that nobody at this stage can say how much gold and if it is economic to mine. All this because of the nature of the Cangalli deposit. I think you will agree that Behre Dolbear concluded the same thing because: 1) "the rugged topography makes correlation of geological horizons and paleochannels difficult; and (this means that you cannot extrapolate continuity of mineralization and therefore resources) 2) "the widespread, but erratic nature of gold occurrences containing reasonably large "nuggets" and the presence of large boulders in the conglomerate makes collection of representative samples difficult. Thus the calculation of a resource, which is essential for determining economic viability, is problematic." (this means that you need to sample everywhere to establish resources and reserves... no matter what sampling method you decide on)