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 : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (1008)	5/17/2001 3:53:27 PM
From: russwinter	Read Replies (1) \| Respond to of 4051

I guess the PLY question du joir is will the stock be available at 25 cents if and when they pull a few 100 meters intercepts of 4% zinc/100 gram silver? You pays your money and you takes your chances, but I'm in at 22 betting the odds are yes on the pull, and no on the 25 cents.

To: Elizabeth Andrews who wrote (1008)	5/17/2001 3:58:09 PM
From: geoffb_si	Read Replies (1) \| Respond to of 4051

Thanks, Elizabeth. > For the nine month periods Nov 99 and Nov 20 89% and 82% > respectively of its expenses were for management fees, > admin, accounting, legal and shareholder communication. > This is a high level especially when they spent almost > zero on geology. I agree on the past. They seem to be spending a lot more in recent times on the property, i.e., MMI and geochem. analysis. > I guess the promotion is about to get underway? That would be my take, too. > Most of the showings in this area have been found because > they outcrop. I don't think WTC San Nicolas outcropped, did it? Not sure about Charcas. > It is a prospective region. I wonder why they can't do > some trenching if the anomalies are on the flank > (exposed?) of the intrusion? I'm not sure that they have good outcrop to work with. The only cut into bedrock was from a water drill hole. This assayed > 1 oz/tonne silver, but I'm not convinced the drill hole was in the ideal location, relative to the soil anomalies. > It would be better to have some metal values in rock. > Can't count it out due to the region. Can't buy it until > there's a drill hole. Good points. It's a speculation at this point. I like the size of the anomalies, and the apparent high-grade zinc values along a N-S trend. It looks like a good speculation, if they handle it correctly (i.e., JV one of the 2 prospects). Thanks for your perspective. Geoff