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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Frankly Speaking who wrote (1288)	11/12/2007 8:42:52 PM
From: jackjc	Read Replies (1) \| Respond to of 5637

Whatever the mine plan comes up with it won't include silver IMO as nothing can be included in such plans unless measured/indicated resource and part of the initial fease planning. And the possibility of open pitting is recent. Prev and present drilling can be used to give a grade and tons result for the silver which they have said is being worked as a 2nd priority after the fease priority. But even with the 1995-99 extensive drilling etc, this will not give a ball park for the total silver, the project is just too big. Only get an idea for the most heavily drilled area IMO. Have to extrapolate from there. If 300M oz hi-grade were carried out in bags, as estimated, you can imagine how much is left for mech mining, will take much work to find out. Fortunately MMG is one of the few jrs to have its own drills and drillers, and can drill continuously without breaking the budget. So we don't need any buy-out ideas until more is known. The silver might be worth as much or more than the Zn. And much of the prop remains to be exp for Zn itself, and the new additions.