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


To: Metacomet who wrote (47112)8/14/2007 10:09:37 AM
From: stan_hughes  Read Replies (1) | Respond to of 78404
 
That's narrow vein stuff, difficult to mine and make money doing it too



To: Metacomet who wrote (47112)8/14/2007 10:16:53 AM
From: LoneClone  Respond to of 78404
 
The important thing is that they continue to reproduce the historical grades. I will let EC weigh in on the difficulty of mining these high grade veins.

LC



To: Metacomet who wrote (47112)8/14/2007 1:40:07 PM
From: Davy Crockett  Respond to of 78404
 
nope. Now worth .13 - 7% haircut



To: Metacomet who wrote (47112)8/22/2007 11:21:45 AM
From: Mr. Aloha  Read Replies (1) | Respond to of 78404
 
From the Stockouse Roxmark board, posted Monday night:

"I called the company today and spoke with David Malouf. He returned my original phone call within a half hour. Dredger will be happy to know that the phone call ended up being on their nickel. Malouf was very pleasant and helpful.. He said that their focus this year was on gold. He indicated that they would do a second bulk sample of moly before the year end. He didn't seem entirely pleased with the first sample and indicated that he planned to be more invovlved in preparing the second sample. He didn't show the same urgency to run moly as the people on this message, myself included, expected.

I ask if the cost to build the mill today would be a large part of the current market cap and he concurred. He said it would also take four years to build a new mill. He said they were working on a 43-101. He then started discussing various properties and that they had consolidated a lot of the area. The Leitch property, which when obtained, eliminated the boundary dispute, has gold of an oz a ton or greater in some of their results.

I have a summer place in Blind River, Ont, Can. He invited me to come up and visit the mill next summer. He couldn't have been more cordial. He excused himself to go to a board meeting.

Like many other stocks, this stock will require more patience than many investors will accept. I think those that stay the course will be very happy with the end result.. "