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.

Strategies & Market Trends : Canadian Junior Resource Roundup -- Ignore unavailable to you. Want to Upgrade?

To: El Canadiense who wrote (4362)	11/21/2017 3:53:15 PM
From: ayeyou	Respond to of 4478

All things considered , the various hits and discoveries vs the amount of material handled I think we could see an average across the mineralized conglomerate of 1/2 ounce a ton and double that in areas of concentration. Placer gold is never as evenly distributed as one might think and I believe we will see some 2 and 3 oz a ton areas and some at the 1/2 oz or less a ton. I have little doubt that they will be good enough to mine so for me the only possible "issue" would be if the conglomerates for some reason have just a thin layer of gold imbedded with low grade or no grade thru the depth of the deposit. Fact is though that NVO has found terrific grades in the top meter or two of congos and placer theory says it will be better yet down deeper. Still not a play that I would want to be completely out of. I am in process of switching a couple up but intend to stay with the Aus plays.