To: que seria who wrote (21444 ) 9/19/2006 10:11:31 AM From: E. Charters Read Replies (1) | Respond to Again I should not spend too much time on this one, as it is a misperception, but I probably do owe as much fairness as I deserve. No, I had not been looking at its gold so much as I was looking at the economics of an operation, and observing dryly, and not disparagingly as the poster so sensitively bleats, that they need x money in the door and profit too, (as seems to elude a few gold producers in the market these days as well,) to get to so much perceived capital worth with the attendent noted dilution. I as much reiterate here I was considering its gold equivalent for illustrative purposes although I usually scorn gold equivalent claims as not fair in many orebodies, such that the copper is never the same cost structure, although it may be cheaper to extract and concentrate initially per ton of ore. I was aware that the belt was predominantly copper, oft ignored for its gold content. The syncline in fact is on one limb gold rich and on the other more exploited domain, copper rich, hence the name, the Copper Rand. The mine and the area was explored by a couple of people I know since the 1930's and IP was tried for the first time in Canada back then on copper ores of the Chibougamau region, although I do not think they used psuedo sections a al Hallof at that time. I think, and I think NWI thinks the area could have a going over more for gold however.
