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 : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?


To: Supervalue who wrote (2266)12/9/1998 10:56:00 PM
From: cruncher  Read Replies (1) | Respond to of 2505
 
Supervalue: You are right from what I recall.

At the time, I could not understand why they did not go down deeper because of the angle you are right. Especially after the geological report from the independent geologist. What they did do though is figure out how large the low grade deposite was to the surface. My opinion is that they did not want to go for the better grade as the report would indicate until #1 the investigation was over with, #2 the price of base metals returned to favour and #3 the whole issue which Inco is strungling with presently dealing with the local politics and the native issue.

I still think unfortunately that it will be another year before the potential of CWA will be realized but at that time it might be to late to participate at these levels.

Only a Opinion

cruncher