GREY:ABGFF - Post by User
Comment by
bizwizon Apr 05, 2014 3:37pm
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Post# 22416174
RE:RE:RE:RE:HAs anyone noticed....
RE:RE:RE:RE:HAs anyone noticed....They're really up to such a number ? Damn, considering all those high grade intersections, I would have expected this outfit to be sold to the highest bidder not the biggest bargain taker ! Mind you, let's just hope that they get this operation off the ground and back on track before I get a heart attack ! I was expecting some most fabiuloius developments considering what the past can teach us once considering the information to garnish at such sites as SEDAR which gave indications of a much higher amount of contained gold. But then , the old news is deemed as irrelevent despite the much lower price for gold when the news first came out. Hopefully they didn't take out the richest seams in a matter of weeks as opposed to years, such being typically to uncover with very high grade intersections which may not always be formally announced. For the sceptics, an old Canadian geologocal survey report (report 280 by Mr Boyde or Boyle) alluded at the fabulous grades to occasionally locally encounter thus making a small pocket a potential multi-million ouncer !
Regarding current developments on the mining scene, apparently a most fabulous hoard of silver is suspected in the vicinity of a mining development project on the eastern boundry of Noranda (lac Joannes and further north etc past the radio tower) which would make the immediate vicinity a potential target for further exploration...But then, why spill the beans ?... A little further east along the 117 the Dumont nickel project of Royal nickel (which was discovered in the 1950's and was deemed as unexploitable despite the reality of special detergents and associated compounds -such as pine oil- to enrich the ore ) is advancing past the feasability stage having contained nickel (without the copper which isn't mentioned) above 100 billion dollars... Remember when I'd discuss it when the previous owner had its shares selling for a ..nickel ?