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Great Republic Mining Corp V.GRM


Primary Symbol: C.GRM

Great Republic Mining Corp. is a Canada-based exploration-stage mining company. The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. The Company is focused on developing economic precious and base metal properties of merit and conducting its exploration program on the Porcher Property. The Porcher Property group consists of over nine contiguous mineral titles covering an area of approximately 3,560.4 hectares in the northwest part of British Columbia, Canada, approximately 40 kilometers southwest of the city of Prince Rupert on Porcher Island.


CSE:GRM - Post by User

Bullboard Posts
Comment by kroghon Oct 28, 2007 3:13pm
196 Views
Post# 13705285

RE: Update from Denver

RE: Update from DenverIt is very nice to get such an update. About the size of RG. You talk about billions of dollars (tens?). When I look at the surface fingerprint, it looks to me like a circle with mineralization along the circumference. The dimensions might be estimated to be 3 km long and 300 m wide. Let us say a depth of 100 m with an average grade of 0.7% CuEq. That gives around 300 millon tonnes of ore containing 4.5 billion pounds of CuEq. That is very nice, but not worth billions of dollars. No major would pay (tens of ) billions for that. When you said (tens of) billions, what price per pound in the ground did you find reasonable, and what size were you thinking about. Do you think RG is deeper, or that the area is larger than what I assume? I look forward to hearing yours and others opinion on this. Cheers.
Bullboard Posts