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.

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

To: Ironyman who wrote (11528)	7/29/1998 10:22:00 PM
From: kidl	Read Replies (2) \| Respond to of 34075

TO ALL...just a lurker and noticing that you finally inherited EC for good. Please keep him busy for ever and ever and ever ... we don't want him back. Thank you sooooo much kidl

To: Ironyman who wrote (11528)	7/30/1998 7:59:00 AM
From: E. Charters	Respond to of 34075

Ag is never a placer mineral as it degrades too fast. If you ever find a silver anomaly in soil geochem or detritus, you are sitting on top of a silver mine. echarter@vianet.on.ca The Canadian Mining Newsletter

To: Ironyman who wrote (11528)	7/30/1998 8:52:00 AM
From: E. Charters	Respond to of 34075

Well a kent ram might make it through that boulder but dynamite would be more economic and quicker probably. I would use a track percussion drill about ten holes and a case of powder. Trouble is it cannot be done too near equipment and men. And a kent ram would take about 1200 dollars of machine time too plus wear. You could have a lot of large boulders to handle. And the footing could be clay or uneven. A robust 7 yard loader and a 3 yard backhoe would be a good combo. 45 tons trucks would be a good idea too. A 5 dollar a yard mine could make money with a skid plant mounting about 100 reichert triple start 7a spirals. That would process 20,000 tons of sand a day, from 100,000 tons of source gravel. Water gallonage to supply plant would be US 7.5 million a day or 5,208 per minute. Reason you cannot do it in America is the legislation. ( The Yukon has a few profitable operations. (about 500). BC and California are too restrictive with yardage limitations. (BC limits mining to 2000 yards per year! I am not kidding!) You could build a plant like that for about 10 million CDN. But equipment to process gravel at that tonnage would be expensive. IF Bolivia will allow it it MAY be a good thing to shovel it out but the placer must be proven with a program of drilling. echarter@vianet.on.ca The Canadian Mining Newsletter