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 : AVL.V - AVALON VENTURES -- Ignore unavailable to you. Want to Upgrade?

To: hank2010 who wrote (1410)	11/16/2000 11:35:13 PM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 1474

The width is not a huge problem as the analysis is grade over width. Clearly narrow width has to have high values to make it. Additionally, the dip and continuity of the minerlized structure are important. Check out Meridian Gold's Chilean property that many analysts rave about. That structure is less than one meter wide and averages 15 grams gold per tonne and it makes money. If Avalon's surface grades hold up on a structure that is less than 1/2 a meter thick it will be economic. It's hard to say because I haven't seen the assay sheet but it could be that this small structure could be equivalent to 75 grams af gold or about US$600 per tonne. That should be mineable. The tragedy is that the company worked itself into a financial problem due to the fact that it did not want partners on other properties and did not plan an exit path. They sold Lily pad for a song. ribbit.