SI
SI
discoversearch

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.
Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: kimberley who wrote (26155)11/14/1997 4:52:00 PM
From: HungryLion  Read Replies (3) | Respond to of 35569
 
Another black day for the mining industry. The newsletter writers who
recommended this obvious garbage as a buy should be ashamed of
themselves.

I suggest you quit wasting money on these incompetents and start
buying quality like Mr. Charters and John Kaiser.

HungryLion's last post moving on to look for the next kill.



To: kimberley who wrote (26155)11/14/1997 5:08:00 PM
From: Bear Down  Read Replies (1) | Respond to of 35569
 
have a nice weekend alll



To: kimberley who wrote (26155)11/14/1997 5:09:00 PM
From: John D. McClure  Read Replies (1) | Respond to of 35569
 
Hi Kim,

I don't know how you can do this stuff day in and day out and not get ulcers. You must have iron discipline and nerves of steel. I just feel like I have shot myself in the head. Sigh. Potentially VERY expensive lesson for me.

***JDM***
L(Wr)ong John



To: kimberley who wrote (26155)11/14/1997 5:28:00 PM
From: Bob Markley  Read Replies (3) | Respond to of 35569
 
Kim,

Hi, ... well the numbers do seem to look bad since they are not what the people had been expecting.

Six COC samples that average .0368 opt by my calculation and they have a fire assay method to verify future samples. Pt values are not yet in.

A heap leach mine needs only .O2 opt to be economical. Bema in chile has 22 million oz of .20 material in Chile. The key is the tonnage.
IPM has a min of 250 ft/grid of COC .O368 material. That's 9.2 million oz of gold/ grid. In 5 grids that's 46 million oz of gold. On a potential 5 BILLION tons of material that's 184 million oz of Gold.

This is what could be determined in a modified fire assay, ... the actual recoverable grades could be much higher and the amounts of PT, grades unknown at this point in time, would be a bonus.

Take Care,
Bob