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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (218)6/19/2002 9:20:32 AM
From: 4figureau  Read Replies (1) | Respond to of 5423
 
SML: Stealth

>>So the Pine-Tree zone could contain values equivalent to Kemess, possibly 0.45 g/t plus 0.22% Cu. 200 million tonnes of this could potentially give us 2.9 million ounces of gold and 970 million pounds of copper which would work out to over 5 million ounces of gold equivalent. Not a bad start for an unknown junior!<<

5, 5 and 5

Upon further investigation, research has shown that the relatively unknown accountants behind SML have raised over $5 million since 1997.

They may be able to prove up a 5 million ounce equivalent resource, with a market cap of around $5 Million. A dollar an ounce seems like a good beginning..considering they started in a gold ($70 rise from the lows) downtrend, after the peak in 1996.

A little exposure might have some upward pressure on this no-brainer.