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 : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Diamond Daze who wrote (3905)5/30/1998 8:47:00 PM
From: Don Rohner  Read Replies (1) | Respond to of 34075
 
Chris:
Here again for the hundredth time is the quote:

"This calculation, on the basis of the sampling program reported in this report, will have to be increased by approximately 28 times, for an average grade of 14.049 g/m3 of gold."

Also if you read through all the assays the total combination shows up consistantly at about 14 g/cum on aver.

Sorry but the grade because of the fine gold and gold within the rock are so much higher than the coarse gold give a total grade of 14 gm/cumeter. Where are you geting 1.4g/cumeter?????



To: Diamond Daze who wrote (3905)5/30/1998 9:42:00 PM
From: Yorikke  Read Replies (3) | Respond to of 34075
 
Chris,

I get the feeling that we are talking here about hallowed ground; like the sacred stuff that spreads across the 'desert dirt' temples. This is an alchemists grind; though we have gold it is an enchantment that seems to make it a potential mine.

And for those with a taste for the past we even have the ghosts of inca warriors wandering dusty realms, being challenged by investors in conquistador armor and swords beaten out of 'true and reliable' statements. And how many will find the quest ends in the forgotten death valleys of Zothique, not in the palaces of gold and silver that a taste of greed can conjure up?

We see the TRUTH in a half page of calculations, the wonders of Byzantium will pale against the powers that rise from this new source of wealth; yet the market sits tight, skeptical, even bemused as people who have never even seen a mine, bothered to contemplate its economics, plan pilgrimages to some damned land in the foothills of the Andes.

I will no doubt be tarred for this sacrilege. The priests of the new religion have already formulated dogma and set rules of sacrifice. Heretics such as us will quickly be banished from the halls of golden splendor.

But I believe the the Market gods are with us. And is it not the case that we have seen our share of the the horrors of the Necromancers, paid our own price for bowing to the golden calf? Read a few of the last posts, somewhere back there one began mentioning granulating of gold.....nuggeting perhaps.....Ohhhh Chris....it is not....not the....DREADED NUGGET EFFECT IS IT? ALREADY???

For those wishing the hear a tale of another expert with a funny name you should review the history of Pacific Rim. Another case where 'certified' experts made some surprising claims. The moral there was
that the penalty for expert mind changing is nil. Others get the bitter end of the stick as that's not a part of the consulting fee...
Or go back and look at Paramount's Eureka...years ago....where gold stretched across the plains......still does for that matter....

regards,

mnmuench