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Gold/Mining/Energy : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?

To: russet who wrote (394)	1/20/2003 3:14:21 AM
From: charred	Read Replies (2) \| Respond to of 585

Never said it was a Brex but a possible Luicho. (Pacific Rim's disaster a few years back). Many analysts were predicting 10 million ounces at Luicho but I noticed something in the news released that concerned me. "Try out some rough tonnage calculations given the possible length of depth, dip and strike,...(200 m x 500 m x say 1200 m x 3 tonne per m(cubed) x 1 g per tonne)/31 g/oz = 11.5 million oz gold", Pacific Rim's management tried using this simple approach to convince investors. The stratigraphic package at Luicho was said to be 300 meters thick. 8000 samples taken from an area 2000 X 400 metres thick all had anomalous gold. But within this sedimentary package, carbonaceous horizon was 10 meters wide and contained all the high grade. What about Boka? "The principles at SWG have a track record too,...one that includes no bullchit and no pump and dump,...although they have a lot of friends in the brokerage industry that love to pump a good story", Pacific Rim's management had a rep has well. But SWG's management has had at one time 60 million in the treasury and still hasn't come up with anything. What track record are you talking about?