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

To: teevee who wrote (25830)	12/21/2003 9:25:53 PM
From: E. Charters	Read Replies (1) \| Respond to of 39344

yes, I think the general Rx is to buy more silver and gold stocks until you are completely out of money and then to borrow money until you are out, then forge credit and max that out and buy and buy.. Sell the house and car, buy gold stocks. Stay away from the booze and the dope, that will just distract you from your primary purpose and that is to buy gold stocks. Don't sell. Buy. If every one does that, then gold stocks will fulfill their promise of being the next big thing. Buy a lot of gold jewelry. Buy those little one ounce wafer and a couple of kilograms. Since you cannot sell any, eventually you will run out of credit and money. Turn to crime. Banks are easy. Use fuel air torches to cut the vault walls, and then get out in 10 min 30. cut power and lines just before in the area, so it is a general failure, no suspicion. Do it during traffic jams and Grey Cup weekends etc.. so response is slow. Block major intersections with traffic jams leading to., etc.. Arrange three get away cars hidden behind signs where transfers can be made. Use air torches to cut SD boxes. Timer is paramount, not delays. No watches, etc.. minimal clothes. First hand off should be from 6 motorbikes (stolen 20 min before).. they can jump areas where cars cannot go. Pick foggy day where helis cannot follow. Then buy gold. EC<:-}

To: teevee who wrote (25830)	12/22/2003 2:15:37 AM
From: Michael Bidder	Read Replies (1) \| Respond to of 39344

teevee from HRA Special Delivery #181 December 19 www.hardrockanalyst.com On Wednesday IMA Resources (IMR-V; closing down $0.23 at $1.57 on 1.08 million shares) released its first set of results from testing the Navidad silver project in southern Argentina. Portions of two holes each from the main Navidad Hill and Galena Hill showings were reported. At Navidad the drilling indicated that the high-grade material found at surface is within a 50-60 metre wide zone of breccia along a portion of a N-S trending and vertical structure. The Galena Hill core in particular looks to us like a shear related brecciation. These two areas are vents for metals bearing fluids that presumably flooded the adjacent sea floor as the model indicated. What was not found was a series of discrete high-grade veins that would have marked a small tonnage, high revenue model. The best high grade results at Navidad were 0.8 m of 2,680 g/t (78 oz/ton) silver & 3.1% copper within 7.4 m of 536 g/t (15.6 oz/ton) silver & 0.81% copper (NV01), and 1.1 m of 1,320 g/t (38.5 oz/ton) silver & 0.82% copper (NV02). These sections are within broader sections of 58.4 m at 111 g/t silver & 0.22% copper, and 48 m of 97.8 g/t silver & 0.15% copper. The Navidad area is oxidized to depths of 60 metres or more, which is not true of Galena Hill. The material in the Navidad zone also has rounded or “milled” fragments (clasts) indicating a strong fluids movement through this area. There are a further six shallow holes to come from this area that will sort out its potential. The high-grade portions of these holes were certainly below the very high average from the surface sampling but are still in the economic range for silver deposits. The deeper than expected oxidation of the Navidad area indicates a potential to outline a moderate scale pittable and readily leachable resource, so the broader near-surface intersections should be kept in sight as reporting continues. The high-grade potential to depth below the oxidized material is still to report. At Galena Hill NV-03 cut 176 m of 26 g/t silver & 1.4% lead with higher grade sections of up to 9 m at 77 g/t silver & 5.4% lead, while NV04 cut 78 m of 111 g/t silver & 2.5% lead. NV-03 stopped in mineralization and the bottom portion of NV04 is still to report. The clasts in this breccia are much more angular and slab shaped, indicating there was likely less force in the fluids flow here than at Navidad Hill. The other distinction between the two is that the copper rich nature of Navidad versus an almost complete lack of copper at Galena Hill. Navidad has the attributes of a classic venting centre for this model, while Galena has more of a near-surface seepage signature to it at this point. What these holes demonstrate is that the chargeability high from the Induced Polarisation (IP) survey is in fact indicating disseminated sulphides. IP was originally developed to look for large scale, bulk tonnage copper deposits that are composed of scattered (disseminated) copper sulphide minerals. Disseminated sulphides show up as chargeability highs in the survey, though it is important to note that high-grade massive sulphide material does not show up as a high and may in fact produce a relative low in these readings. It had been difficult to fit this disseminated nature into the model that had been developed for Navidad, but at least within the zone at Galena Hill, there it is. NV04 at about 3 oz/ton silver and 2.5% lead (about US$30 per tonne in-situ) is well within the economic range for a large-scale mining operation. One of the ironies of the lead business is that since no one wanted to focus exploration funding on finding the stuff since its price decline began in the ‘60s, lead smelters are often hungry for feed and have developed a particular hunger for high-silver material; galena, the main lead sulphide mineral, has also been a major source of silver from the very earliest of humanity’s smelting ventures. The question that will be answered early next year is whether the very large chargeability anomaly that sits adjacent to the two surface showings represents a disseminated deposit of sufficient grade-tonnage to consider bulk tonnage mining. The volume of rock represented by this anomaly is large enough to for this consideration, but of course until the truth machine has had a bite into this large target its actual potential will not be known. On the whole, if the discrete high-grade model is weakened somewhat by these preliminary results, the large-scale model is in fact strengthened and will likely be the market’s main focus here as work progresses. We are not going to try and second-guess the results from the drill truthing of the large chargeability high since it is a feature distinct from the structural zones that have been tested. But there is some evidence for a cross-structure running between the showings and through the big target, which adds some extra weight to expectations of more mineralized material in it. While the market reacted yesterday to the reduced expectations for a very high-grade zone, we expect it to get more interested in the bulk tonnage potential with a day to chew on this potential under its belt.