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.

Microcap & Penny Stocks : IKAR MINERAL CORP...(IKAR)..looks to be ready & surprising -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (38)	11/11/1997 12:50:00 AM
From: C. Riley	Read Replies (1) \| Respond to of 188

TRY $15 PER TON --- IF YOU'RE LUCKY... If you check the existing tungsten mining companies (other than IKAR) you will also note that: 1. IF the reserves are of HIGH grade 2. IF the reserves are accessible year round 3. IF the reserves are not radioactive then: 1. The ore may be worth $55 per MTU. 2. And the expenses to mine each MTU will likely be $40 or MORE. That leaves maybe $15 per ton of ore in profits, and you won't get any $$$ any faster than it can be dug out of the ground. However, it is rare to find a tungsten mining company that is earning a profit these days. TUNGSTEN MINES ARE NOTORIOUSLY EXPENSIVE!! Caution and good luck!