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

To: onepath who wrote (32343)	2/9/2007 1:54:47 AM
From: heinz44	Respond to of 78431

When--good question. Dundee when they got in thats when I went for the gusto and kept buying all the way down. I usually do not do that Ok all together now "were in the poorhouse now"

To: onepath who wrote (32343)	2/9/2007 3:52:44 AM
From: koan	Read Replies (2) \| Respond to of 78431

My victory just showed up so I will buy UC tomorrow and probably MAI and EXN. I may add a bit more VIT. Our RNG wts with their 100,000 oz of gold per year mine coming on line shortly, combined with major nickel production, could make RNG wts a real sleeper. Nickel is also almost $18 tonight. Let me know if you find either any good value silver stocks or wts or leverage of some kind. I bought a bunch of SF. I just smell a silver run.

To: onepath who wrote (32343)	2/9/2007 1:29:55 PM
From: E. Charters	Read Replies (2) \| Respond to of 78431

They may have enuff ounces for a small mine. Perhaps 500K? I could make a mine out of it, if it were small scale milling for under 10 million for sure. Heap leach perhaps south of that a few mill. Heapleach 100K ounces could be a mine. Even 100K tons. But the feeling I get is they want a larger resource buyout. This will be a long time coming. (2 years?) It is not happening very fast in Africa. Shaky perceptions. It won't be one or two drill holes. Even another 20, or 50 won't do it. Tell us what you really think department --> Having said that, I expect continued results out of CDY, which I saw start in the early 2002 as a geochem anomaly. I recommended it at I think 25 cents. I went as high as 1.50. There was some fallout over the arbitrary actions of the Guinea government and some investors and perhaps some companies got soured. It is never explained why they do certain things. The gov is also in carried at ten percent. I don't know the tax rate. There are three companies operating in that area, and the rocks are prolific for large mines. I feel they have a "mine" and they know it, but their mission statement of development is perhaps not the main thrust of their company. It may just be that all the can afford is the odd foray into drilling more and developing a resource. They obviously cannot yet pilot plant which would put them out about 1-2 mill. That would be logical step to my way of thinking but I know geos are mostly out of their depth in that. They don't have a clue about mills. They take it for granted. They don't know how to operate them, or how to test ore. Geos know how to do one thing. Drill and drill more. And if that does not get you anywhere, then that is where you are. PS. they are not even sure as to how to drill in order to predicate a plant at x scale. I have seen that dozens and dozens of times. The first thing you do is decide what kind of plant you are drilling to fill.. after you figure out the sort of scale of probable deposits you may find. I am sure Gilles et al have no clue as to what sort of milling they might do at what scale. I am not sure that is the quandary I would like to be in. I see it as two ways. Small scale full milling, from 100 to 1200 tpd, doing all processing in plant, either crush and vat leach, or full grind, float and gravity, con leach. Or investigate heap leach. If it is nuggety as these oxide things often are, then heap leach can work to a degree, but there are problems getting full recovery. What do you do with a heap that will not leach because of gold that has too large grains? Reprocess in another form of mill? Surprisingly hybrid set ups of that sort may turn out to be optimal, but it takes some thinking. Geos often are totally unprepared to do that sort of thinking, which can build mines and mining companies. I am hopeful that some kind of direction for CDY will find itself out. Like GUY and some others in Guyana, and Suriname, the company needs to find a resource possibility and a method of taking it out that makes sense for their scale of company. We realize that the difficulty is raising 10 to 20 million at 50 cents. A difficult game. EC<:-}