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Gold/Mining/Energy : CCB vs ZEN truth board -- Ignore unavailable to you. Want to Upgrade?


To: helo4 who wrote (4674)3/4/2016 12:17:44 PM
From: Thiess - ZENRead Replies (1) | Respond to of 12350
 
"Glad I'm on the sidelines"

ROFLMAO - So is Chiefy.



To: helo4 who wrote (4674)3/4/2016 12:53:59 PM
From: RuddyMongooseRespond to of 12350
 
Message #4674 from helo4 at 3/4/2016 12:15:05 PM

No measured, only inferred for graphite. And this graphite is only found in veins and pods. How much time and money will it take to get the company's graphite into a 'measured and indicated' category while chasing veins across its vast property.

I guess this is where the 'rolling resource' applies.

Glad I'm on the sidelines


"How much time and money will it take to get the company's graphite into a 'measured and indicated' category while chasing veins across its vast property."

BINGO!....you got that right Helo. That is the key issue with the Miller property. There is a reason why the Miller property has been passed over by prospectors and promoters for more than 100 years and I think that reason is related directly to the small vein structure and economic viability. The veins are encased in solid marble so marble extraction is not an option. It must be done.

The big question is "to market" graphite cost and is there enough net profit available to make a graphite mining operation financially viable.