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: regli who wrote (9607)	4/24/2006 5:52:25 PM
From: ogi	Read Replies (1) \| Respond to of 78416

It is hard to know where the value of ozs in the ground will end up.If memory serves $50-$100 was realized, depending on the quality of those ozs back in say 1996 and 400 pog. So your thoughts of $150 in the current POG climate seem reasonable to me, that number may be ever evolving. Guy.t has some holes in the lab from a prospect about 3.5 kms away from Rory's Knoll. That is where auger testing produced holes with 10 g/t. Could be the market is anticipating these holes and it is possible they will meet or exceed expectations. Patrick Sheridan jr. was adamant when I first spoke to him that this was a new district play and they were not just drilling off the one deposit. It also comes to mind that the majors/mid tiers want that added upside to any takeover. They want their threshold of resources met but with added blue sky remaining. Guy fits the bill. I hope the new holes come faster than in the past!!!! Heading home Cheers, Ogi