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


To: tcd who wrote (44608)7/11/2007 4:14:05 PM
From: roto  Read Replies (2) | Respond to of 78416
 
fortunately, greed works both ways.
just 1 piece of good roxmark news to get it going...sort of like looking at a porn mag before the BIG prom night.
maybe that is too difficult.



To: tcd who wrote (44608)7/11/2007 4:27:33 PM
From: E. Charters  Read Replies (2) | Respond to of 78416
 
I think the perception is that the gold news drilling cannot be that much salvation in this hot humid summer. However as the Empire sits, with its previous mining, and 1980's drilling for which they built that mill originally, this program does not have to hit every high note possible in 20 holes. There is a resource there. It really requires probably 100 holes to delineate for a good start where they are right now. And some thinking. Rome was not built in a day. We have a chance at a property that is similar and it has 110 drill holes in it. I don't think it is overdrilled. At the end of the life of the Hollinger Mine, it had 50,000 drill holes in it. Straight fact. Of course they had mined 50 million tons by that time. 1 hole for every thousand tons. So by that standard Rox would probably need 1487 holes to delineate the Empire and its associated deposits by the time they got to 1000 feet and 4500 feet out in strike length.

Be patient. This is drill hole 20 or so.

I don't think the Empire story is being completely filled in as it should be. Perhaps there is a flux going on as we speak.

From what I understand Rox is trying several avenues to aspire towards a realistic strategy over the coming months. It has synergistic probabilities.

EC<:-}