Gotta say, I like the guidance We have received from the recent AWM presentation, that and other info that has been posted point to an already know trajectory for anyone who’s been paying attention. American West Metals has as per recent PR $900,000 to start their program at Storm, as we all know all it takes is a couple Good hits to drive a stock price, just to refresh though...
Previous Drill hits are Quite attractive.... eg, 41m @ 4.18%..(st22-05) ..53m @ 3.07% (st99-19) ..110m @ 2.45%....48m @ 2.92%..... these readings are ONLY in the 2750 Zone. Spaced over approx 100m x 100m... area ....average Thickness Over That Area is 63m, Average CU % 3.157...sooo.. 100 x 100 is 10,000 sq meters.. x 63m av depth of drill cores (+/- 10% for angle of drill ) .. x 3.157%.. x av density 5 ( actual av is 5.65.) x $9000 per ton of copper.... my calculator says approx $900,000,000 in copper just in that small 2750 area.....not sure how much is in the 4100, 2200, 3500, zones. Not to mention the Tornado Blizzard Tempest, Pressure point, OR the lower plates ( 7 of them? ) not to mention the Zinc and Silver and then we have Seal area and the rest of the 120 km strike length.....
Physical Properties of Chalcocite |
 Cleavage: | {110} Indistinct |
| Color: | Blue black, Gray, Black, Black gray, Steel gray. |
| Density: | 5.5 - 5.8, Average = 5.65 |
Im pretty sure with with a Known $350,000,000 Seal deposit and just a small estimation by an amateurs investor and seeing multiple other deposits on the same strike area that IS also associated with a previous mine (Polaris) as per geological sampling, there will be no shortage of funding from several suitors, as per PR, I’m sure we have news in the pipe regarding said financing.. MMS are working the price hard just look at what the SP for AWM and BAY are.. is obvious, Please stick it to Bay St, don’t give them a thing! Pretty sure Thomas didn’t buy shares to devalue them...I’m sue thers lots more I could add but if you really need that you have no business investing in the first place.. A few trucks and sorters, a few months to work eg...
DSO - a company maker
Case Study - Sandfire Resources Ltd (ASX:SFR)
News Release June 3, 2011
Sandfire delivers Degrussa Feasibility Study.
News Release May 22, 2012
Sandfire completes first shipping of DSO chalcocite.
Chalcocite DSO at Sandfire’s Degrussa provided an early cash flow opportunity
Four major zones of outcropping chalcocite already defined at Storm
Storm
Sandfire’s Degrussa DSO product – 30% Cu
AW1’s Storm DSO product - >53% Cu
Containerised shipment of Degrussa DSO – high value product ships to global market
$13,000,000 in 2011, from 6600 dry tons of concentrate @ 30% cu concentrate... 1 sorter
STEINERT KSS | XT CLI
It is a combination unit, capable of handling a throughput of between 5 t/h and 100 t/h with a 1 m working width.
even at 50 t/h producing 10% of its run at a 50+% cu concentrate rate only takes 5 and a half days to produce 6600 tons. Worth $29,000,000... And Sandfire did that and made a profit! DSO....COMPANY MAKER! So a small area hold approx $900 m in copper alone and there’s 14 other known areas mostly all bigger than that.. and the unknown as well... I need more shares.. GLTA That Deserve It..