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


To: Michael Bidder who wrote (15493)8/3/2003 2:46:07 AM
From: Canuck Dave  Respond to of 39344
 
Mike, my two cents on IMA.

I don't think it's a flake. The chart action is very good, and suggests good news coming down the pipe (no pun). Contrast this with CDU which started leaking a couple of weeks before "the bomb" was dropped in June.

No guarantees, but it looks a lot like WTC last year. Hold and prosper until the chart exhaust itself. If you're not in yet, worth a nibble, but obviously it could correct here.

Just my opinion.

CD

p.s. IMR is on my "aggressive buy list" Tuesday.



To: Michael Bidder who wrote (15493)8/3/2003 3:53:56 AM
From: E. Charters  Respond to of 39344
 
All I am getting is that it is a flake butt that will scuttle your wallet. Sell sell sell sell sell sell sell sell..

Of course it is another promotion. On the drill knows for sure. Ignore geology. Ignore it..

All VMS has some varying characteristics.. Epithermal (low temperature -- 100° to 200° degrees centigrade) refers to temperature of deposition.. hypo, meso, epi, hyper, refer to the nearness to heat source. 99% of epithermal deposits are small, less than one million tons. If you were betting on averages you would bet on hypo, as most of them are near the heat source.. within a few 100's of feet and because of this fairly large.. (Canadian gold deposits.. are huge.. often 100 million tons. CDN Sudbury nickel deposits average 50 million tons 300° to 500° degrees C°)

In fact the Navidad is very near contact volcanics, on a fault. It is far more likely to be hypothermal, than epi. It is high in silver, which points to meso. Epi and VMS are just their sales tools. I doubt highly that they have actually done temperature or fluid inclusion studies on the system. In point of fact it CANNOT be VMS and VEIN at the same time!! VMS is seabed vent and it is hypothermal usually or upper meso. What they mean is massive sulphides in veins. Fine. That it is. Seabed VMS probably not.

The Navidad, to correct their geology is massive sulphide vein. Lead copper, silver could be either meso or hypo. It depends on the associated vein alteration minerals.

EC<:-}