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Gold/Mining/Energy : The Metals Thread -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (54)	3/17/2007 5:40:13 PM
From: HotnSpicy	Read Replies (1) \| Respond to of 252

I don't know where you get that idea. TAM has some astronomically high Zinc-Lead intercepts (over 52% over 9' and 37% over 65') tamerlaneventures.com They have a 71MM tonne deposit drilled up courtesy of Cominco that is worth over $12B at todays prices. Pine Point has all the needed infrastructure on site (rail, power, roads). Would cost $1B to replace in todays money. No other deposit in Canada enjoys that sort of advantage. Their R-190 deposit alone has 1MM tonnes at an AVERAGE grade of 12.2% Zinc and 6.1% Lead, or about 0.75 oz (24 gpt)per tonne gold-equivalent. If R-190 were a gold mine, it would be hailed as bonanza grade mine (better grades than Aurelian). The beauty of R-190 is that they can mine via bulk tonnage methods and yet capture bonanza type profits. And you get all this for a minuscule $16MM market cap (with $4MM in cash). Feasibility will be released in a month or so. Will wake a lot of people up... cheers