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Bullboard - Stock Discussion Forum Soltera Mining Corp SLTA

GREY:SLTA - Post Discussion

Soltera Mining Corp > Sleeping Giant
View:
Post by ArgentinaMiner on Oct 26, 2010 2:47pm

Sleeping Giant

Keep patient Share-holders... 


 SLTA-The vein can produce over 500,000oz of gold over a length of 1.3km and a depth of 100m. At a further depth of 400m, the vein can produce two million ounces of gold at an assumed grade of 10g/t gold.

= @todays GOLD PRICE OF $1,300 (500,000oz)  this asset alone is worth over $650,000,000 as its sits.
x that by (2,000,000oz) & the numbers go crazy! 


 This is what we know. The open-pit operation is a HUGE BONUS for SLTA early & new share-holders. Those numbers yet to come, from the looks of early small bulk sampling things look really good!

 
 There's no doubt that exploration is a tremendous driver of shareholder value for emerging companies. What we're seeing is that a lot of the Australian companies in West Africa are having excellent exploration success. In fact, they're getting huge gains on their share prices—200 to 300%—due to exploration success.

Equity markets, doing simplistic valuation multiples on gold resources and reserves, value them typically at $50–$100 an ounce once you've got a significant gold resource established, maybe 500,000 ounces or more. there are tremendous gains to be made through exploration success.


Comment by rdwww on Oct 28, 2010 1:19pm
show me where those #'s for possible old come fomr - interesting
Comment by ArgentinaMiner on Oct 28, 2010 2:05pm
Somebody posting drunk?  "show me" .lol. You must think your pretty important : ) The gold at El-Torno Gold Mine has been explained in many different publications. Real investors do their own home work.  The posts here are simple reminders as to why we own SLTA & should continue to own SLTA. The work program to be announced will give us our alluvial gold ...more  
Comment by VooDooDall on Oct 29, 2010 12:12pm
 Lets get real here on the slta board. Talking up a property with no work in progress is like hoping your crops will grow with no farming. When we know the work on the property ( Bulk Samples ) have started! Then there will be something to speculate on at slta. Mining  ( production ) is about the numbers.  I think rdwww has a good point. "Show Me" the ...more  
Comment by StockPro6 on Oct 29, 2010 1:13pm
Hitting the nail on the head Voodoo!  A little tip I got early in my start in mining stocks, for any Jr.Gold Company starting out and has a Gold Deposit, Money & Management, Remember;                              ...more