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Gold/Mining/Energy : Whaddaya Know About? -- Ignore unavailable to you. Want to Upgrade?


To: Quickdraw who wrote (5)1/11/1999 4:24:00 AM
From: E. Charters  Respond to of 68
 
Further poking for sure.. but it may lie fallow.. there could be a deep thing going on.. it is a system.. most are narrow.. but today at these prices you need 5 million and 50% more value for underground and a smelter near tidewater and you could use being within 3 miles of rail direct to a smelter.. otherwise..

If that thing is 150 miles in the bush it will stay there. We have about ten like it in the NWT in Canada and they are better grade and come to surface with better width and you don't see anybody putting out the bucks. Look at Izok. Right on the ocean and Metallgesellschaft said no. And it is 11 million tons. Now a junior, Kip has the option.

Moneta had 13 million tons of 11 percent zinc within 10 miles of the Red Dog and it was open pit and nada.. they had to let it go..

EC<:-}