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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bidder who wrote (14355)7/20/2003 7:31:47 AM
From: E. Charters  Respond to of 39344
 
The Tao of copper-lead silver veins is that they are never presumptuous. Therefore they will never announce themselves or try to be the biggest or the best.

It helps to look at orebody models and the like. The truth is the average epithermal lode system is about 1 million tons. They are small. Every once in a long while you get a very large one and it spoils everyone.

If you want to look for really large vein systems look at high temperature CDN type silica veins next to major felsic intrusions. They run to 100 million tons. 5 million tons is small.

CU-ZN VMS deposits are small on the average too. Except for Kidd Creek and the Horne.

Silver deposits of native silver are tiny, and discontinuous.

High silver deposits are generally shallow and small.

The odds are they will run into more vein structures, perhaps 3 or 4 more groups. This will amount to a smallish high grade deposit. Then they are stuck looking for massive sulphide mine and mill money. Good luck. Don't cry for me Argentina. There may be economics to it but that will not drive a stock. Smallish mine development for medium bucks is the kiss of death.

EC<:-}