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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (12873)	5/18/2015 9:44:27 PM
From: Goose94	Read Replies (1) \| Respond to of 202448

Defiance Silver (DEF-V) Several years ago, Defiance picked up land covering old, high-grade silver veins in the Zacatecas area of Mexico. “Their strategy now is to drill beneath the old mine workings and demonstrate that this stuff extends deeper. But the really big blue sky is that these vein structures disappear to the south on land that has never been explored,” said Kaiser. “If they could replicate what has been mined out in the last 300 years in the northern part, which the company owns, you’re talking about a hundred-million-ounce potential high-grade silver system.” Kaiser noted that the project is “high risk,” predicting that Defiance will aim to delineate a smaller portion of the potential mineralization at the property in order to help attract a higher market capitalization and “pull in the bigger bucks needed to do the more expensive drilling.”