Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ogi who wrote (126592)	8/1/2008 2:57:47 PM
From: Traderworld1	Read Replies (1) \| Respond to of 313059

My god, this whole area is FULL of gold.

To: ogi who wrote (126592)	8/1/2008 3:05:23 PM
From: E. Charters	Read Replies (3) \| Respond to of 313059

It is a high burn rate. I counted 21 narrow high grade intersections that look mineable. Other intersections could be in mineable areas, but not making grade at that point. That does not mean these sections are assemblable into similar grade blocks yet. If they are getting a 25% hit rate of narrow high grade that could be mineable by shrinkage I would rate that as acceptable. For instance my office desk has no gold at all. I can drill that for the next 100 years and come up with nothing. At least they are hitting gold. And very importantly whether they are hitting good mine widths and grades, they are hitting it in just about every hole. That is unusual. I would not rate it as good as the Gold Eagle yet, but it is nearer surface. A comparable zone on a property in that area I am familiar with that has 110 holes reveals a group of core zone of 160,000 tons of 0.47 opt over mineable widths from about 38 of those 110 holes. We aren't crying about that. And it has a shaft on it to boot. Waddaya thinks about that laddie? EC<:-}