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


To: jackjc who wrote (14177)6/22/2006 11:15:04 PM
From: loantech  Respond to of 78411
 
I like the geo I talked to today at GGC. <G>



To: jackjc who wrote (14177)6/22/2006 11:18:26 PM
From: E. Charters  Read Replies (1) | Respond to of 78411
 
These days 500 a day is barely enough to keep the liquor cabinet full. A bottle of Chateaux Margaux is 339 CDN these days. I can drink a bottle of that a day.

I know few goes who ever got rich on the market. Many of them get carried away with sleazy promoter pap that flies in the presses. You have to look at it all with a jaundiced eye. What makes a mine does not necessarily make a play. And when a stock is going to go, the information is managed by professionals who know what to withhold.

I have found the more interesting you make properties the less people want to invest in them. Sure it creates interest, but usually of the wrong sort. True geological potential is a tough sell. I know of mines that are as big as the sky in Canada but it would be very hard to interest the mining investor into putting dime one into them. The thing that makes a play is almost intangible. Aurelian seems to cut it, whereas Guyana Goldfields is a slower boat, and Sacre Coeur and Stratagold, Everton don't attract near the interest. SCM may be every bit as economic as Aurelian. Who knows?

If you had a mineral body 1000 feet deep, 100 feet wide and 2.5 grams grade -- if it were three miles long, it would be worth more than Aurelian may be.

It may be possible that sort of thing exists here and there so to speak. But you would have an awful tough time predicating a play on it.

EC<:-}