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.

Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: akpirate who wrote (3958)	1/14/2003 9:36:43 PM
From: E. Charters	Respond to of 8273

Sounds too high grade to be of much use. What can you do with anything over an ounce? when it gets too rich you have to throw too much of it away as the mills just won't process it. So I have heard. Their main resource at McFinley is only 0.20. They had better go on a hunt for the rich stuff. Only think that will sell in these times unless you can piece together about 15 million tons of it in a hurry. Nobody wanted to hear about vein material in the 70's and 80's. Brokers. As if they knew bugger all about mining. You would think they all had PhD's in mining engineering with 30 years on a drill. What we want to do is just drill about 100 holes and go underground right away. We know we can mine it, drilling is just a guide. I know some people who can beat McFinley by about 750,000 ounces and its all over 0.36. Much of it is 0.50 ounce per ton and all engineered to mining width. What do you think about that? Worth throwing a buck into? I would think so. Drill hole by drill hole ~might~ make it. I would not hold out too high hopes.s Drilling is show. Really. You have to figure a mine is there with some deep thinking. Best "step out" is sink a shaft. Jim Norrie used to do it. After 3 holess. Never missed. Imagine that. Today's boys who just stand at the top and drill to make a picture, are leaving more than half the ore in the ground. EC<:-}