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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (5701)	12/4/2002 11:02:50 AM
From: Claude Cormier	Respond to of 39344

<early stage prospect (not a single drill hole yet)> Tunnels are equivalent to drill holes <, and at the risk of sounding like a World Trade Conference demonstrator (left that to my son), I'm not a China fan at all.> I can understand this position. But SWG has been in China for 5 years and they know what is possible or not. < My guess is that they steal it from SWG if this pans out. > Will see. I doubt it as there is a new political agenda in China.

To: russwinter who wrote (5701)	12/4/2002 11:32:05 AM
From: TheBusDriver	Respond to of 39344

MFL? ELD had a caution about Turkey vs. war in Iraq but I assume you are talking about positive news. So who is it? Wayne

To: russwinter who wrote (5701)	12/4/2002 11:56:38 AM
From: TrueScouse	Read Replies (2) \| Respond to of 39344

Russ: I've also sold some of my SWG because it's got ahead of itself. But there's no way I'm selling the rest and I'd suggest you take another look at it, despite the "country risk". The Boka 1 zone is stated in SWG's most recent quarterly report to be "about 2000 metres in length, at least 200 metres wide and 150 metres thick". Do the math. That would be about 180 million tons if they prove it up. Even at 1 gpt that would be over 5 million oz. At 4 gpt...? And this is just one of 10 "known gold zones" on the property. The potential is enormous, and I agree that there is plenty of risk and it's very early days, but risk and reward is what it's all about! :^) Best regards, Howy