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

To: E. Charters who wrote (34183)	2/4/2005 1:59:13 PM
From: zebra4o1	Read Replies (1) \| Respond to of 39344

Charters - that's an interesting observation that more money is available for exploration now. Maybe all the financial engineering that goes on these days does serve a purpose - making it easier to raise capital for risky projects by spreading the risk far. I understand that there is very little outcrop in the area, so maybe it is true that exploration was not very easy without a lot of modern geophysics. Hope you are right also about your claim that placer grade reflects the grade of the source material - and that the concentration factor from original the bedrock deposit is around 4:1. Where did this information come from? This is a very important fact to nail down.