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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (75431)2/16/2007 2:25:14 PM
From: rubbersoul  Read Replies (2) | Respond to of 314091
 
Ogi,

SCM's Million Mountain property is adjacent to GUY's Peter's Mine. SCM has a pretty impressive inferred historical resource
of 1 323 803 tonnes grading @ 3.78 g/t Au at Million Mountain. Based on the company's drill results to date, SCM appears to be the real thing. 108 m @ 2.04 g/t is pretty decent and apparently, they are eager to drill an area with higher grade potential. SCM is quickly trying to identify a 43-101 resource which is why they have been only drilling down to 200 meters. But they sunk one hole below that and found that the last meter of the core had a grading of about 2.5 g open at depth. With more drill results to come and a 43-101 report out soon, I'm buying as much as I can while it is still cheap!

This is my pump for the day!

Cheers,
John