SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bidder who wrote (33246)12/9/2004 7:42:30 PM
From: Claude Cormier  Read Replies (2) | Respond to of 39344
 
Michael,

This is excellent news for IMA and possibly for Aquiline. The Navidad play is the best silver play around ans a must own, I think. The question is how do you own it. IMO, the combined value of both AQI and IMA is well below what Navidad is worth. And there is a lot more to go. So it is not logical to own only IMA.



To: Michael Bidder who wrote (33246)12/9/2004 7:47:07 PM
From: Michael Bidder  Respond to of 39344
 
My guess is that this is the largest discovery of silver in this century...perhaps. Personally Eric I think it's going to come in at a Billion ounces Ag range.

But that's only a speculation. I am not waiting to buy stock though. No Sir reeee.

Michael



To: Michael Bidder who wrote (33246)12/9/2004 10:25:08 PM
From: E. Charters  Read Replies (1) | Respond to of 39344
 
Who is the head of their ethics committee?

EC<:-}



To: Michael Bidder who wrote (33246)12/13/2004 3:16:12 PM
From: hank2010  Read Replies (3) | Respond to of 39344
 
Went to the talk by IMA at the Northwest Mining Convention. One of two that stood out IMO. Impressed with the geologist who gave the talk, and with the steps they are taking to build a positive relationship with the citizens of the area.

I think there is a lot more room for them to expand on the "reserve/resource" base as they continue their exploration program.

I do not think that cyanide is an issue as the lead will gobble up any cyanide if they were to go that route. Probably have to make a lead/silver con (gravity? flotation?) and truck to the east coast port for forwarding to a smelter (300 miles?)

If there is a ban on open pit mining in this province that is a big concern. Galena Hill ideal for o/p.

Geo stressed they were no wheres near the mountains and the ski hills where the enviro-rads were.

I agree with Claude and others who have recommended owning both IMA and AQI to cover that problem/possibility.