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Gold/Mining/Energy : Golden Triangle -- Ignore unavailable to you. Want to Upgrade?


To: bubaru who wrote (125)8/9/2012 9:00:49 PM
From: klinker  Respond to of 493
 
thanks . the hdi wait just kept grinding and grinding and when they exercised their option they said little. Another informative post. I will study it and regroup. Bur you are right waiting is part and parcel of mining investment ... If i ever stop investing it will be because of the waiting...



To: bubaru who wrote (125)8/10/2012 2:32:58 AM
From: klinker  Respond to of 493
 
i heard the general plan for the high drilling at the annual meeting... So amanda and dino are probably honing in on the specific locations for the drill placements... The annual meeting is a public event so I guess it is public information... with the company disclaimer firmly emphasized... Obviously the success of the financing and the complimentary use of the camp site and drill rig [yeah i assumed they had to pay for everything but the use of the rig] came after the june 25th was it annual meeting... so the plans could have been expanded weather permitting... anyone who has driven the second leg of the coquilhala knows it can snow in the middle of the summer in high country.. and the high is much higher then the coquihala i suspect... anyways the drill plan back then if i heard it correctly was to drive one hole into it length wise as far as the drill would go through the gossan.. it was specifically stated they would drill through the bruce jack fault in the process...the gossan is 1.5 kilometers long according to the teuton video on the high property and they would be drilling at an angle so they would only go so far given the size of their rig... Hopefully the rock is amenable to drilling through the bruce jack fault area... The remaining holes would cross cut the gossan width wise...so that was my version of their very short general thoughts for the high drilling plan.. With enough money they could possibly scissor cut the length of the gossan from its other end... well maybe the drill wouldn't allow for a scissor cut but they could cover a large part of the length of the gossan



To: bubaru who wrote (125)8/10/2012 1:22:43 PM
From: klinker  Respond to of 493
 
the homestake property is next door to teuton property... the golden triangle has a plethora of opportunities. I am reminded of the cortez area in nevada where an old investment of mine and all its neighbors seemed hitting sporadic gold grades all over the place... There just didn't seem to be any continuity to these gold showings.... Barrick has since found them and they have discovered what appears to be a massive economic mineralized system since... With all the discoveries in the golden triangle thus far there is plenty of room to make further big discoveries