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


To: howestreetbull who wrote (40751)5/22/2007 6:16:33 PM
From: E. Charters  Read Replies (1) | Respond to of 78428
 
Now all they need is an orebody and it will be out of the pure promo category.

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There is honest promo, good geology, formula, and hype.

I saw SUR as hyperbolic although they had gold in places. That was simply because they said that 20 metres of 10 grams was the same as 200 meters of 1 gram. It is and it isn't.

Prize Mining made the same fundamental mistake.

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The only problem with 50 million share-out companies, whether or not they are in the hyperbolic camp or no, is that they have to find something really substantial to be worth a dollar. 500 million dollars worth of ore, or 700,000 ounces of mineable gold only gets them to a buck.

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This is from their earlier work.

hole meters cu% ni% pgms-g/t

R648 34 0.28 0.24 0.638


They will need a great deal of this to make anyone take notice.

EC<:-}