RE: Moss Lake(MOK) Almost To Late To BuyOnly 4kms to the west of Moss is the old Ardeen Mine where GEM-TSX-V has a non-43-101 resource estimate of approximately 500,000 ozs of gold, and 10kms to the northeast of Moss is the Coldstream Property where ATV-TSX-V has claims to a non-43-101 resource of 7.6 million tonnes grading 2 grams per tonne containing approximately 485,000 ozs gold.
Question is does the Moss Lake Property and surrounding properties have enough recoverable ounces of gold to warrant the capital expenditure of building a large tonnage milling facility. As I have pointed out above, there is more gold at play here than just Moss Lake's, and also the exploration potential to add more gold or base metals in close proximity to Moss is very promising.
Back in 2004 Goldcorp had optioned the Ardeen property from GEM but let it go after a year. I suspect that a mid size or a major player will be back and try to consolidate this entire gold camp.
Please do your own DD.
Regards,
garmin1