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


To: ralfph who wrote (18347)8/27/2003 11:35:42 PM
From: E. Charters  Respond to of 39344
 
IWA is an old Irish Curse that means "may you always suspect that it's not really peanut butter in your sandwiches."

I really believe that there is every ounce of gold in those hills that IWA says there is. I was once asked to be the assayer of one of the mines they inherited from Hecla, Mosquito Creek. It ran at one ounce per ton and lost money!. That is because they could only hoist 50 tons per day. Manager is now with Corner/stone /brook in Newfieland and he was my former Englich teacher at Haileybury School of Music. (For the tone deaf).

But it's like these guys who had the 13 million tons of open-pit, 10%-zinc, 20 miles from the Red Dog, with the 2 million dollar camp and the road in. They just could not raise any money if people wrote out the cheques twice.

It's just one of those things. Like the Croinor Pershing. It will never be a mine, but always look like one. Like a beautiful women who will not under any circumstances do that.

EC<:-}