Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: jackjc who wrote (7438)	3/2/2006 2:22:02 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 78417

Up til now I had only been looking at a 1 year chart....that spike to $4 was really something.....no doubt it could do something similar again....however maybe not the same magnatude....

To: jackjc who wrote (7438)	3/3/2006 6:55:07 PM
From: zoo york	Read Replies (1) \| Respond to of 78417

Hi Guys! SPM is not only in the enviable position of already having a proven resource of over 2 million tons, they also have a 100% interest in the surrounding lands, with no back in rights, amounting to about 160 square kilometers if memory serves. They already know of two more occurences where the same conditions exist that led to the formation of the deposits where their current mines are located, and they have not even had the time to bother looking elsewhere on the property yet. But we do know that the entire region is underlain by the batholith that generated the heat and mineralizing fluids, and we also know that the trend of the faulting in the region is to the northwest, so SPM acquired a big block of property further uptrend to the northwest, and will very likely encounter other productive systems as they decide to expand their exploration program. The mine will be a cash flow factory, and they can put that money to work towards discovery of other deposits. cheers! COACH247