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


To: GoldBull no bug here who wrote (36698)12/30/2005 11:03:55 PM
From: jackjc  Read Replies (1) | Respond to of 39344
 
The Rock Creek deposit might as well be on the moon. It is all on Federal land and even drilling has not been allowed for years.

The only access is from the neighboring MGN deposit which has a 2+ mile long decline which Noranda drove, but stopped short of the
deposit and quit. This access is on non-gov land. They need MGN.

The Troy MIne has some silver left and can produce for a while.
But there is a closure cost when finished, don;t know how large
but MGN (then MMNN) did not want the thing.

Considered all this when I took the MGN PP at .70 almost 3 yrs ago, unless there has been some major gov change since.



To: GoldBull no bug here who wrote (36698)1/3/2006 12:51:31 PM
From: LLCF  Read Replies (1) | Respond to of 39344
 
Well, since the whole PM market is on fire it's hard to claim to much credit to the 'tax sell' strategy, but I think I'll be placing another year in the + column for '05. :)) Man this stuff is on fire!

I'm afraid those sitting on the sidelines on juniors better jump on the good names left fast.

DAK