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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (4186)	1/5/2006 12:52:55 AM
From: jackjc	Read Replies (1) \| Respond to of 78410

I expect that is couple thousand samples from within the old workings (sheesh 45 mines). Old drilling shows some very high grade intercepts, they have a drill and are planning more exploration of the silver deposit. There are shafts and much interior drift access already. Power and infrastructure are there as had been mined prev.

To: loantech who wrote (4186)	1/5/2006 10:57:03 PM
From: zoo york	Read Replies (1) \| Respond to of 78410

Hi Guys! That is an interesting analysis and I think I will take a closer look at that company, but keep in mind that the author confuses profit with operating cash flow. Nowhere in his analysis did he discuss the impact of future dilution that would be necessary to fund the construction and working capital needs of the project, nor did he adjust for mining dilution in the ore, recovery percentages, tax on earnings, etc. However, without a doubt the story is certainly attractive on a projected economic basis even if all of that was plugged in. cheers! COACH247