GREY:VMSTF - Post by User
Comment by
BILLMINERon Sep 26, 2007 4:41pm
326 Views
Post# 13474595
RE: Bill M - further to GCR question
RE: Bill M - further to GCR questionI cant compare nickel to CU-Zn.. I think the numbers will be strong. THose numbers CEM posted today were great. 4% copper over 14 m or so. Like I said before from visuals we should see some sections running between 10-20 % copper. Avg across 34 m well lets hope for 2-6 % .. I dont think the zinc numbers will be staggering but hopefully the gold numbers are in the 2 g/t Au range. the big plus is the VMS camp, the location.. THis belt has produced 29 billion dollars worth of ore. A 5 million tonne deposit is worth 1.5 billion. Thats not including the gold and silver credits. At 2g/t Au in a 5 million ton deposit, well thats a half million ounces of gold alone.. Its the area that VMS is in.. Look at Hudbay.. made it their home. sorry if I didntanswer your question but I think we have to look at market cap here.. NOT is a crazy frenzy which I cant ubderstand. All granite all around their one hole,INcuding underneath.. THis a a pure play in a great belt. An honest play..lol.. 100 million market cap if results are on par with other deposits in the area.. the big thing here is once youve hit a 34 m massive sulphide intersection in this camp,along with the right alteration you have a pretty good shot at a mine..All things point to typical VMS deposit..layered copper rich section and zinc-pyrite rich section, plus the chert horizons...