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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES -- Ignore unavailable to you. Want to Upgrade?


To: Dan P who wrote (477)6/6/1999 12:04:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 1239
 
<<From what we have learned, the tonnage is certainly there>>

I don't understand why you conclude this. They have 6M tons of uneconomic stuff so far. If they drill on the extensions and other anomalies and get zero grade. They will still only have 6M tons. IOW, the tonnage may not be there.

<< It is interesting that, in view of the low gold/silver prices, some
exploration companies have turned to the PGE metals projects.
Altoro comes to mind.>>

You right.. but I would say it is normal given high PGE's price. ALtoro has excellent management.

Despite low silver and gold prices, there a good numbers of juniors that are preparing for the next cycle and developing their deposit. These are the companies everybody should buy now.

There are also a few bright spots in the base metals sectors. For exemple I would buy Eurozinc (in fact I did) way before I buy SRU.
Of course EZM doesn't have the speculative potential SUR has... some big holes at SRU would change the current picture... I will agree with you on this before you say it ... but I prefer to play the odds.

Will see how these results comes out... if we get several meters above 1.5%-2% nickel and other metals...maybe.