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 : Western Copper Holdings - WTC.T -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (24)	4/6/2002 12:09:12 PM
From: Little Joe	Read Replies (2) \| Respond to of 754

Wayne: I have just started to look at this one and so far I like what I see. As you know I am very technically oriented so the first thing I look at is the chart and it looks great. It seems to me that there are two questions. 1. Will the current drill program prove up additional silver? To me it seems the chances are excellent that it will given the results in the immediately adjacent areas. Of course this is at best an educated guess. 2. Assuming the additional resource is proved by the drill can it be economically extracted? Based on my reading it appears that the Galena type ore lends itself to preconcentration which is very economical. Once the ore is preconcentrated (the gangue has been removed, o that only the economic metals are left) the economic ores will need to be separated by a process known as heavy metal separation. I do not have enough of a feel for this to understand whether it is likely to be economically feasible, but regardless, if the resource is significantly expanded by the drill program, we should get a nice move in the stock. I have decided to look for a chance to take a position on weakness, and sell on the drill results. Any thoughts? Little joe