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

To: John McCarthy who wrote (45070)	7/17/2007 10:00:21 AM
From: Mario :-)	Read Replies (2) \| Respond to of 78408

<< don't know how many grams = an oz >> 100 grams = 3.5273 Ounce 100 grams = 3.2150 Troy Ounce 1 ounce = 28.34 grams 1 troy ounce = 31.10 grams Since I'm used on metric system I never know should I use ounce or troy ounce...

To: John McCarthy who wrote (45070)	7/17/2007 6:22:21 PM
From: marcos	Read Replies (1) \| Respond to of 78408

goz.v - nice eh, paystreaks of six and ten opt ... Mario is right, one ounce troy is 31.103g ... i guess they're progressing on it, somewhat less frustrated at the pace now ... it helps that more attractive shapes are developing here, even the CMF has the tiniest start into the green now - stockcharts.com Hole 061 - a full metre of 8.777 ounces per tonne [273g/t divided by 31.103] ... that's about 9.65 ounces per ton in the old way, not too shabby ... and they've got a rig over toward Storheden too, yee-haw - if that joins up, and there's a distinct possibility it will, here we go for a ride after all

To: John McCarthy who wrote (45070)	9/24/2007 5:53:27 PM
From: marcos	Read Replies (2) \| Respond to of 78408

goz.v - hi John, caught your comment on CD's thread, don't know how much weight should be put on my take of it, i'm wrong a lot and when right am often early ... but for what it's worth, i rank Gold-Ore above most gold plays at this point, and have been adding lately, have no intentions of selling any anywhere near these prices, it's a great hold for review next spring, imho The results today were fine, more of the same highgrade, thoroughly economic [they only need mineable widths of 5g/t to make fat profit] - goldoreresources.com Thing is - when are they going to get it together to step up production? ... it's their slowness that holds the share back, imho, and nothing more ... not entirely their fault, there are backlogs throughout the sector, and i heard the drilling was going slow, contractor has new drills and they're working the bugs out of them still [better now, is the latest word] ... it sounded like it'd be a miracle if they finish the full fease by year-end, which was the plan, but it should be done shortly after [my own deduction, nobody actually said that] ... reason this is frustrating is that there is no question they have a mine here, and they don't need much for capex to get rolling - in their place i'd be tempted to dispense with the formalities, max out friends' and families' credit cards, and go mining, make some bucks and grow the company with them Pros - politically secure jurisdiction - fully permitted - lots of ore, narrow-vein but highgrade and extensive, variable/nuggety but rich - high recovery from gravity alone, simple cheap process - mill in place, could [and will] be improved but completely functional as is ... in fact, is already producing from old stockpiled open-pit ore - miners and contractors available, quite near an old mining town - great cash flow on full production, 75k/yr gives around .40/sh net [from memory, maybe more now that gold is higher] Cons - not exactly speedy [unlike Randy R, they have been known to say 'In two months', lol] - and that .55 placement of last winter still rankles ... but i guess you have to get your friends in