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Any notes on the PDAC you guys would like to type in here would be much appreciated .... little factoids, observations, personal impressions of people and projects, stream of consciousness stuff, whatever .... i'd like to go to it one time, it's an integral part of the juniors culture and i've never seen it ... they have it on the other end of the country, is the only reason
It sure would be nice to see one or more of the long-term Barker shareholders show up here ... maybe soon, it's getting around the time of the season when we'll expect to see a spring programme stated by the company ... a little more financing will be necessary first though, likely ..... cheers
ya, hope to see you. I went to the one in Calgary, for a while, was up there on another deal. I've been buying ctg.v this last week, i think it's ready to move. lj
Catch you on the roundabout.
Will keep some book on whom I see at the convention that has a good story. You may want to wander by their suite/booth from time to time.
EC<:-}
Hi Eric. Just got an airline ticket. routed thru salt lake and kentucky. hunh? If i ain't jetlagged beyond comprehension, i'll give you a call. thanks. lj
Thanks, EC, I forgot about Claytech ...rings a bell. As to the old history, oh well; Marcos- you were only half right on the first 3 on the 5 promotions you listed and not any part on the last 2, is it fair for my own defense on that here. A student of history I am. I learned from my mistakes. But I am here becuase on the interest in Maude( BML website read recently ) Lake Area Platinum that I want to learn more about, PT is a future I see in my own theory.
Chucka
Want to read my Paper Airplane Mining Theory:
""
Remember when we were kids and used to fold a sheet of paper to make an airplane? The wings would end up higher than the body, which we would grasp to throw it. The wings would be aligned with each other when we held the body, but if we set our “plane” down, a paper V-space would open between them where the plane’s “body” had been.
Geologically-speaking, I believe that analogy fits in it. The Boss Mine Nevada & CM Mines are the wings.
A known platinum-producing mine is in the NW-facing slopes of a large hill. Nearby is a smaller hill situated just across a narrow valley-----less than half a mile in places. Certain geological factors appear to indicate that when this area was forming eons ago these hills were aligned like the wings of the paper airplane just before it is thrown. Therefore, I believe the smaller hill is probably formed of the same matrix elements as its larger neighbor. Over millions of years I believe the movement of the earth’s tectonic plates forced the original single hill to settle, break up, and drift apart, causing the narrow valley to open between the hills, just like the V-space where our paper airplane’s “body” had been pinched. A POSSIBILITY for our hill as such. We Changed from Placer to HARD ROCK this year on all new in my own name, the soft rock is a past, hard is a future!
..//..
I believe that the entire hill is the source of the surface material, and I believe it is richest at the southern section due to the simple effects of gravity, time, and volcanics, since the slopes are lowest at the south in that area.(See maps.) The pinch and the unpinching is the true anology only. The Pinch & the UNPINCH. But, one has to stake early & often.
As many investors know, each year the Bureau of Land Management (BLM) requires that, in order to continue with ownership of Mineral Rights, all claims must be renewed by September 1st. All miners and prospectors know that rule and monitor which claims may not be renewed in hot areas in order to grab newly available properties. A ‘RUSH to PT’ will start soon I do hope. I staked near TREND( TRDM BB but see their Big Canadian Acquistion News Last Week ) a few years ago and stayed...now I am 2 hours away at the CM Mine Claims this year.
""
by Chucka Marshall ( is history teaching me hard rock, I thinkso!)maps
http://www.photoisland.com
NAME on left: chucka
Password on Left: regency
URL might show as this:
http://atlantic.photoisland.com/photosharing/memberindex.html?RefreshRandom=0.5640218097429046
I might saunter over. You can call my number in my SI profile and let me know where you will be.
EC<:-}
Ateba had a deal with Roxmark mines in the mid eighties on their Geraldton properties. Because of the vector of Ateba to be only an explorer on those properties, Roxmark could not get into production at the time. I don't know what else Ateba did elsewhere. Like a lot of companies they held NWT diamond ground.
There was a company that had clay problems many moons ago in a heap leach situation where the clay prevented leachant penetration. This was solved by a later company but still a few years ago, by pelletizing.
Ateba does own a patent on recovering gems or precious metals from a clay environment through a company called Claytech.
EC<:-}
chucka, could you take the pink sheets, bulletin board, desert dirt, nigerian cash-extraction, and multi-level marketing projects to some other thread please .... this one deals with the financing of mining exploration and development .... thanks in advance, and welcome to iHub ... cheers
EC and All, was it Ateba Mines and my Old Friends at Maxam Gold that had the ANTI CLAY ( Feldspars in the Desert what we have had to deal with ) AGENTS east and west of Mississippi and ATB into Canada with that Surfactants Patent? I will try to find out what happened to ATEBA, anyone know? Maxam( MXAM-PK) ran from 2 cents to 8 lately...at first they were used in DIAMOND testing by MMU Marum I think it was in 1999. Maybe not MMU ...some diamond hunter.
""
but too much slime clay has been known to act as a flotation agent for gold. You can use surfactants to increase wetting but they clog up sluices. Hi-G machines that use centrigal force are much less affected by these problems.
Then Ross Box was developed to combat clay in placers. Trommels and water sprays have also been found effective.""
Chucka
PS - I will be there Sat Sunday PDAC Weekend only ...will buy Lake Ontario Water LOL, what the heck I played in the Niagara River as a kid.
Chucka
PS I did PR Work with www.MaxamGold.com and lately website editing/ writing:
60,000 shares ( 144s ) just declared and Earned Jan 2003 and will be put up on my PR site:
http://www.chuckapublicrelations.com
Eric, are you going to pdac? I might. Would buy you a beverage or 3, if you're housebroke.
Actually what i had in mind for this thread was the whole topic of exploration and development financing .... in all its permutations, the old classic Howe Street ways of papering up the wet coast houses and hiring promo specialists to tout the thing, and the more innovative ways people have explored in avoiding the pitfalls of that orthodox manner ..... i was just using the 'Bark__ __cat' as a catchy title -g- ... also, they are interesting outfits, uniquely useful in pointing up new methods
So any company applies, the whole business is one centred around financing .... right there between Alamos and National is a bit of a contrast, as you well know, the ways aas went about financing efforts during 2001-02, compared with that of ngt .... the latter being somewhat forced into printing as much paper as it did, in such an orthodox manner, because it lacked the core faithful that Alamos had long since acquired ...
Between X-Cal and National, there's an even greater contrast .... i still mean to write up a piece comparing their approaches ... though i guess it's becoming increasingly meaningless, now that old National is sliding into history .... but the difference in 2001-02 financing styles between xcl and ngt, is vivid ..... partly that came about because SK of xcl had been forced to dilute in previous years, to keep the Sleeper deal alive, that is also true .... but he sure doesn't kneel to those ho'houses, for that he has my respect
Shhhh on that stuff. You make it sound like everything in construction and mining and the like is guesswork and surprise. You should know that every cost and exigency can be figured out to the penny and quoted off the top of the head with profit figures included at a moment's notice. And when they ask how much you are making, you can say ten per cent without even averting the eyes or saying "uhh...". If that ten was negative it would be as right as rain half the time anyway.
Ok, this makes sense .... a few too many numbers for my comfort, perhaps -g- ... i just think of it in terms of comparison with water, which is of course the standard specific gravity figure as well, a/k/a the number of tonnes per cubic metre, or the number of kilos per litre .... water being by definition 1.0 tonne per cubic metre, and 1.0 kilo per litre
'Rock volume will expand 50% to include voids, when broken.'
I believe that, and suspect it might be more at times, near double even ...... one of my experiences with shot rock was spreading it while building logging road, and trying to make each load of it go as far as possible, while still making a road that would hold up a loaded truck .... on rare places where the subgrade was firm, you could run the D8 back and forth after spreading shot rock, and reduce its volume by near half, i swear ..... of course where the subgrade was not firm, you needed more because the first lift of it sunk out of sight
Figures are a little screwed here. Total weight should be 2930.08 pounds. The tonnage factor for the ore at 165.43 pounds per cubic foot is 2000/165.43 = 12.089.
Also voids in a sand are generally figured at 40%. This varies.
In clay you are right. Avoid it if possible in contruction as it
is treacherous to build on and hard to work with. Costs double easily in excavation. Terrible stuff.
It is very common in placer areas as it forms an impermeable bed of concentration or a psuedo-bedrock base. It is common to find loose blue clay in some BC placer areas. The loose stuff which is really glacial till, is not much of a problem, but too much slime clay has been known to act as a flotation agent for gold. You can use surfactants to increase wetting but they clog up sluices. Hi-G machines that use centrigal force are much less affected by these problems.
Then Ross Box was developed to combat clay in placers. Trommels and water sprays have also been found effective.
EC<:-}
EC<:-}
What is entirely speculative about Wildcat is where and when the money will come. The ore itself, twice previously mined for a profit in two separate areas is less guesswork. As I pointed out on SI, from beating the bushes recently, was that venture cap money from brokers will not be available without seed capital in the venture, which we have not yet got. Most people with potential seed money want to shunt the property itself into their shells/control. Sounds good at first, until you realize that the vector of starting a smallish producer will not be soon realized with that move. I hesitate to push the deal into the share control of another group of less certain mining expertise, and far less certain of largess in our direction. Control is the key.
I thought Cons. Cinola (correct me if I am wrong) was the recycling of the old Charlottes gold deposit that was drilled parallel to strike about 20 years ago. When it was redrilled recently with better hole positioning geometrically, its grade and tonnage shot up. The deal there was that it became a Sierra Club cause celebre to hug trees about, effectively killing the promo in the late nineties. I met the promoter of that a couple of times. He was involved in Caroline mines. The interesting thing about the deposit on the Charlottes was that is was gold in a miocene porphyry which is extremely rare. The porphyry had invisible gold in it as I recall.
It's the same exactly as a pyncnometer. This is a flask of known volume that is measured with dry ore in it, and full to the stopper with water. It is specially constructed to leak water out of its stopper.
Once you know the weight of the ore, in the box, you then know its volume when you add the water, as the water's weight is equal to so many volumes reliably. If BV is box volume, OV is ore volume, WW is water weight, OW is ore weight, Specific Gravity pre unit ore is SGore, and SG of water is SGwater it reduces to..
1. OV=BV-(WW/SGw)
2. SGore=OW/OV
E.G. Box is 3'X3'X3' = 27 cubic feet.
Ore is 2000 pounds.
Total weight with water is 3049.94 lbs
Water to fill is 930.08 lbs
Volume of water is 930.08/62.4 = 14.91 cubic feet of water.
Volume of ore is 27 cubic feet minus 14.91 cubic feet. =12.09 cubic feet.
Specific gravity of ore is 2000/12.09 = 165.43 lbs per cubic foot. divided by 62.4 to get the number of times heavier than water and that is 2.65
The expansion factor of ore is usually described in stopes such that in order to keep a constant volume, 33% of the ore must be removed after blasting. That is 33% of the broken rock must be hauled out of the drawpoints in order to maintain a constant volume of a void within which to work. If 33% of the total-expanded equals the expansion amount of the previous or unbroken rock, then 33-1/3/66-2/3 = the expansion factor - or 50%. Rock volume will expand 50% to include voids, when broken.
As you break the rock more, in part the new grains expand into the voids already made, so the expansion increases less and less as you grind.
On the other hand when you take soil with voids in it, and expand it by digging, its expansion is a bit different.
EC<:-}
Marcos:
Don't know Cinola.
I had a big chunk of NGT 25 wts, price goes to 35 after
Apr 29, and exercised some ahead of time along with few other
holders to help with expenses pre-merger. Was not really
necessary as AAS would cover any shortage.
As for the 40's, hope I have to exer before they go
to 60 after Apr 15.
Never got the NGT PP with free trading wts.
Have AAS 45 wts from PP, exp Jul 22 this yr, should be
profitable.
As this is the Barker/Wildcat thread, should mention that
I have been adding BML on dips all yr, last was 35k in Dec.
Also reading EC posts, Wildcat is an interesting
speculation also.
' ... a crude but effective volume test. One takes a wooden box and fills it with ore, weighs it, then pours water in to the brim and weighs it again. Then you have the SG of the ore. True, not false or assumed.'
How do you compute specific gravity from that? ... drain the water out, measure it, and thereby obtain the volume of ore? [which is the hard part, once rock is broken out, to get its exact volume] .... cannot wrap my brain around this ..
... no wait, maybe i got it .... when you fill the voids with water you're filling up what is Not Ore .... right, got it
Dirt really fluffs up when you break it out, fractured rock would do even more so i expect, being more angular .... i've dug a few ponds years ago with a front-end loader, generally if they're any size you're loading trucks and the trick is to get the trucks close enough for efficiency ..... when you compute the in situ yardage, you can figure on about one highway truck load per every six or seven yards in situ, and then you load twelve or more yards of broken-out material in each truck ..... it fluffs up just about double, this was largely in a clayey conglomerate sort of glacial till .... dump a load of it on the ground, measure the height, then come back in a few weeks and it's five eighths as high .... and that's without erosion, just the grains of it settling and filling the voids ... when you take on a contract based on in situ yardage, it's vital to know the amount it fluffs up ... if it doesn't fluff up it's blue clay, it won't come out of your bucket, it won't come out of the trucks, and you're better off elsewhere, period
Only really accurate way to measure specific gravity would be to cut out an undisturbed piece of known volume, and weigh it .... but the water trick sounds like it would work, if you shook the box and got all air bubbles out
Jack, i should have stuck that nickel bid in on the Kimber warrants when you first raised the idea last summer, but i put it off until it was too late to get them that cheap ..... so, don't have many now .... with warrants generally i go lightly because they expire, and they can weigh on a shareprice too, with Ms Market fully realising that they represent the potential for new sharepaper at their exercise price .... only seven millions kbr.wt if memory serves, still that is quite a few of them given average volume in the common
Wheaton and Kinross warrants i'm trying to use as short-term trading vehicles [where 'short' means 'less than one-year term'] .... did alright on them Dec-to-Jan, out now, i'll have a few of the wrm.wt when they break .50, but not many ... play it by ear from there likely .... the National warrants i treat differently, never sold any, they're so illiquid, there aren't many of them, they expire 21 June, it's a do-or-die effort .... generally i expect new Alamos to do reasonably well post-merger no matter what the gold price trend, and should the PoG base out anywhere above 325 and then appear to begin recovery by May, Alamos will be off to the races .... if it takes much longer than that, poof go those warrants to money heaven on the first day of summer
Jack, do you recall a property called Cinola? .... Yakoun River, in the Charlottes ... somebody mentioned you might ... i have no interest in the place, just knew the old faller who discovered it ... Efram, we called him Begonia
Dear Fool(s), we are all prisoners of circumstance, prisoners of our imaginelinks and scourge ourselves daily with the whups and chains of outrageous self assessed failures. No subjective or objective observer could be more uncharitable of our shortcomings, no matter what they say.
The only things I am not overwhelmed with, are too much cash with too few places to spend it, and too many admirrors with too many nice things to say about me.
I too left home when I was only 3, and spent my life fighting the world for independenc in my mind, a thing they would seem to be only too willing to grant me, as long as it did not include begrudging me good fortune.
Much as a monkey will get angry at a rock it happens to trip over, a trader will often get mad at the market when it turns against him. Is the trader any different than the monkey?
I am not a learned fool according to the definition, having experienced several years wandering prior to entering an institution of higher learning. I may just be a trading fool though.
tf
EC has already described "learned fool" as those
that have attended accreditated formal mainstream
higher learning institutes directly out of highschool,
into colleges and universities. You know, directly
after spending all their 17 years under the care
and protection of room & board of Mom & Dad,
they then spend 4 to 7 years next protected from
the real world as a student of higher learning.
Gosh, i left home at age 4 years old, and eventhought
i was captured and forced to return to my Mom & Dad
at their house location, i determine that i must adapt
to that classification of prisoner of mainstream education.
I get the impression that you never realized of your captivity,
and actually submitted to it dominance over you.
Gosh times a zillion, what a person will give up in the form
of individual thoughts for a warm house with Mom's cooking.
No wonder monkeys in the jungle exhibit less characteristics
of being a fool than 99.999% of humans with lots of that higher
educational awards of papers saying that they learned stuff.
Ya'up, there is stuff and there is stuff'n made up of learned ones
that is placed into the empty belly of other prey to be feed upon
by those knowing. Seems to be an never ending supply of fools,
as the process of educational learning from those whom themselves
were feed by the education of prior fools is still mainstream.
Lets see, will marctoast prove the eample :o)
Lets see not needed to notice the state of Earth's populace
is at a high fool level, actually pinning the meter.
doug
The learned fool writes nonsense in better language that the unlearned - but it's still nonsense.
There are a few poets on this thread.
tf
EC's valuable input is also malleable like gold in that it can
be hammered and twisted and sat-upon and spat-upon,
and it still refuses to be that sandwhich it is not.
d:o)ug
Thanks for taking the time EC. I appreciate your valuable input.
tf
Well, fool, that would be the tonnage factor. If I were only more glib of factotum sichlike, surely greater wealth and happiness would be mine forevermore.
(I only addressed him as fool, because, dear reader, that is a short, or affectionate moniker that betokens his "handle" or netname - "trading fool". I assure you that I hold the gentleman in high esteem.
It may shock the reader to the very core of his investing being that small details sich as these, figured wrongly, did almost? bring down, one mighty mining company, who mined one of nature's wonder metals, tungsten, in the far off forests of northern Canada. Yes, I believe it was Canada Tungsten who did not TEST their ore for number of tons in a volume, (it was less not more, due to oxidization) and thus figured the profits, as positive. But, lo, they were negative, due in part to the assay per ton, so accurately done in the lab, not equivalating dollar wise to the calculation of the metals % times tonnage of ore so contained within the mine.
What you do, if in doubt, and I say not too lightly that there is ample room in sulphide mines for doubt, is a crude but effective volume test. One takes a wooden box and fills it with ore, weighs it, then pours water in to the brim and weighs it again. Then you have the SG of the ore. True, not false or assumed.
At TG in the sixties they used to use a tonnage factor of ten cubic feet for a short ton (2000 lbs) of ore. This was considered conservative to err on the side of, for "massive to semi massive sulphides". The geology department during the exploration phase used this factor in calculating the tonnage of the first releases of ore information to hit the public. They were probably conservative by about 25%.
Pyrite is 5.5 SG. This means that an ore 100% pyrite is, per cubic foot, 5.5 X 62.4 pounds or 343.2 lbs!. Which is a miniscule 5.82 cu feet per ton!!! If a cubic metre were solid pyrite (it is 35.313 cubic feet,) it would weigh 12,119 pounds, or 6.059 tons.
Let me assure you that there are few ores in the world today, even in massive sulphide mines that use a tonnage factor of as little as 6. There is usually enough rock even in a massive sulphide ore that even to go as low as 8 cubic feet per ton is rare.
A silicate mine or gold mine is mostly quartz of an SG of 2.65 approx. The tonnage factor most often used in gold mines is 12 cubic feet per ton.
EC<:-}
EC, What does a cubic meter of ore weight, say 3% Nickel and 1% copper. Better yet, what volume to make up a ton?
tf
That resource is about 26 bucks Canadian per ton recoverable in gold, and perhaps 15 dollars per ton silver. You may be able to recover 10 bucks in silver CDN. So 18 buck ore. You have to open pit, rip and heap leach. Mine could cost 10 to 15 million.
2.26 grams X .65 gold (recovery) = 1.469/31.103 X 350 = 16.53 US
101 grams silver =3.24 ounces X .65 = 2.11 ounces. = 9.50 US.
Total home is $26.00 US
Don't know about that.
Costs are around 2- 3.00 per ton for capital cost and about 5 to 7 dollars for throughput.
EC<:-}
Yes; bot some KBR last wk, small so far. Expecting a PP
and may get in, depends on the price.
Wts pretty thin, haven't tried, but Marcos seems to pick
some up at times.
This happened to me with Netlinux Inc. too. Someone ripped off the Internet dotcom name about 6 months after I registered the company in Canada as an incorporation. Happens all the time. With dot-ca's you are not supposed to be able to get the name without a registered company name of the same name. Wildcat Resources Ltd is an incorporated company in the mining business, but Wildcat Explorations is also. We were first. But I did not register the CA for perhaps laziness or whatever so I got beat. No one can register Wildcatresources.ca though, but us.
EC<:-} Wildcat Res. Ltd.
http://www.wildcat.ca/ ... site for wel.v ... they almost bought the Bissett mine in Manitoba from Harmony last year, i don't know much about them yet .... except for seeing that it's pretty clear they're looking for financing too -g- ... under 8m issued and outstanding
' Barker Minerals retains Beloud as market-maker
Barker Minerals Ltd BML
Shares issued 22,818,902 Jan 29 2003 close $ 0.24
Thursday January 30 2003 News Release
Mr. Louis Doyle reports
BARKER MINERALS RETAINS BELOUD MANAGEMENT
CONSULTANTS LTD.
Barker Minerals has retained Beloud Management Consultants Ltd. to act as a market-maker to maintain an orderly market in trading of its common shares. Beloud has agreed to act as a market-maker in accordance with TSX Venture Exchange requirements for a period of nine months and will receive a fee of $25,000. Beloud is owned by Lorne Beloud, a chartered accountant with an office in Kelowna, B.C.
(c) Copyright 2003 Canjex Publishing Ltd. http://www.stockwatch.com '
.................................................................
I don't see the effects of this showing up yet, maybe it starts in the month of February ..... wonder which house Beloud will use? ... picked up this bit on them from a google search, asz.v hired them 15 April last year -
' .... The rules of the CDNX define market making activities in part; 'Proper market-making activity corrects temporary imbalances in the supply of and demand for an Issuer's securities. The market should be allowed to rise and fall naturally, with the market-making activity operating primarily to smooth out these imbalances and facilitate an orderly market. Although a Person involved in market-making is not expected to ignore his or her economic self-interest or be precluded from also holding securities for investment purposes, he or she should normally be selling into a rising market and buying into a falling market. If the price stabilizes and there are sufficient buyers and sellers on both sides of the market, market-making activities should generally not occur at a level which materially affects the market'. ...'
http://www.allnetsecom.com/april_15_02.html
I have a stink bid in on bml, prepared to increase it if it gets hit .... thinking there may come a flush before it gets rolling for the season, clean out such holders as feel tired, and clear the decks
That's easy, it was Ludmilla Loudermilk, otherwise known as Eudicia the fair, or Alice in Blunderland.
Hard to believe, that all the money depends on knowing Children's faerey tails, but I believe it firmly. Stranger things are happening.
EC<:-}
raze u'r 4 million in a wink if you can name the name
of the girl whom named rumplestiltskin :o)
___________________________________________________
Si's Doug AK
gotmilk & skunk cabbage, no Zurnip or Krispy Kreme
Jackjc
I've heard through Marcos that you're a fan of Kimber. Any opinion on the warrants? Ever thought of starting a Kimber thread over here? I dont own any Kimber myself but have been thinking about it. Looks like they have a good property.
tf
minny-vane re-plies:
whewh-ha! a hole 94 thou! I wonder where theya re going to spend it all?
My advice is: invest it in my claims :)
Gole and dimends my boy. Go west young minerz. Go east. Go anywhere, but get your paws on dem gole and dem dimenz.
We iz double purple glaa-aaa-a-aaad to see someone is razeing aa-aa-aall kindes uv money.
Our turn.
Jes watch. We will raze 4 million in the wink of a rumplestiltskin's eye.
EC<:-}
' Barker raises $94,250 with second closing of offering
Barker Minerals Ltd BML
Shares issued 22,818,902 Jan 22 2003 close $ 0.25
Thursday January 23 2003
News Release
Ms. Louis Doyle reports
BARKER MINERALS PRIVATE PLACEMENT CLOSING
Barker Minerals has completed the second closing of its previously announced offering. A total of 377,000 units, each unit consisting of one common share of Barker and one-half of a warrant, were issued for gross proceeds of $94,250.
Each whole warrant entitles the holder to acquire one common share at a price of 40 cents per share until Jan. 13, 2004, and 50 cents per share until Jan. 13, 2005. A total of $2,550 was paid to finders. The shares and warrants are subject to a four-month hold period expiring on May 13, 2003.
(c) Copyright 2003 Canjex Publishing Ltd. http://www.stockwatch.com '
'Ms.' - either Mr Doyle has made a sex change, or stockwatch has made a typo .... looks like there is room left in this offering still ... this from the 28 November release -
'The net proceeds from the offering will be used for general corporate purposes and to start phase 1 of the Frank Creek and SCR project and phase 1 of the ACE VMS and gold project.'
I do know the people. I met Puskas and jawed with him a bit. He is an onld Inco philosopher-geologist. Condor is hammering away at the Young Shannon near Timmins. It was originally drilled off by a geo I knew, now passed on, by the name of KEn Darke. Many have tried with the YS, but of course so far nobody has been able to raise the money. YS thinks they can deliver a smelter flux with low gold, for one product.
I don't have any deals in third world countries, except Canada. I would like to start there. There are other areas to look at that could be hammered, but you want to be careful. Large scale projects are harder to start, and small scale although easier and more abundant offshore are hard to start because of political and other problems of a dangerous nature. Local people can be treacherous in many areas of Asia and SA.
Like I said if your gum sticks to your gold, this is understandable, It happens to me all the time too. I have also been raven about gold for a long time. It is a simple metal but good. As long as I can shave off a few flakes that is all the gold I need. A hot cup of coffee and ham sandwich is the extent of my needs. If I can drink that in the Taj Mahal every morning, and play in the wildernness I am happy. Is that too much too ask. A few servants would be good too.
I figure our tailings pond which may run about .15 Oz/ton could be hammered for somewhere south of a megabuck. It has multi megabucks in it. At least it should be investigated for hard numbers.
The one I really like is a 2 ounce vein that is 200 feeet long, right on surface. It can be trenched for a bit and perhaps a shaft put on it. I hope it does not have all sorts of flats in it. Straight veins tend to have lateral shoots in them like stairs. Even so, it can be mined at at a good profit.
EC<:-}
Was it the excellence and fairness of remuneration, the nose to the
grind stone work ethic, the high level of trust of peers, or the
far-sighted positive thinking that was your first clue?
Na, it was the part about me pocketing nuggets--as i tole you at the time--i thought a raven might take it. or i dropped my gum, and it stuck to it. or i took it away from a squirrel. Anyhow, i had a reeelly good reason, doncha' know? Eric, i think i saw you mention about a lawyer in Timmons. know anything about gys? I see they've got some new people on board, that condor is raising money, and Frank Puskas is running Condor, and drilling on gys property now. I like gold, but ain't intrigued with 3rd world countries--have been investing mostly in canada--i'm u.s.
Experiment in site programming -
.. generally, the way to do charts is, take off the front part http://www. and put the rest in like this -
[?chart?]?barkerminerals.com/i/common/priv_chart_big.jpg?[?/?chart]
... except take out all those question marks
[edit] - yes, seems to work with a jpg file
In the prior run (circa 10 years ago) names like Coer D'Lene and Cambior were hot. Now they have survived. If current prices hold would they not be a non junior way to ride the wave?
Bearcatbob
'A rule of thumb is that 90% of geologists never make a big discovery, the remainder never do it more than once, and the ones that do find anything are temperamental mavericks who make life hell for those around them.' - #msg-596154
Not referring to anyone we know i'm sure -g-
Was it the excellence and fairness of remuneration, the nose to the grind stone work ethic, the high level of trust of peers, or the far-sighted positive thinking that was your first clue?
I guess we are in the same boat. I seem to have worked with a lot of people like me before too. Perhaps we had better mark the side of the boat with an X so if we are ever back in these waters, we will know where to go.
Mining is a bit like being Vikings. Every time out it's high adventure, could be a bit bloody, is in far off unknown waters, nobody has ever been there before or can predict anything, but the plunder is magnificent. After we get there, heave to on a rocky shore, fight off the natives and split an undersized codfish for grub, we row back home, get drunk and spin yarns about fabled lands of mead and honey.
The way to do it, is to start out and dip one toes gingerly in the alligator pond. By the time you are up to your nose, it generally is too late to back out.
EC<:-}
Drat! We must have worked togethor before!
Sounds hellishly good. I can cook. You won't die. If you bear all expenses we can turn over up to 100 dollars a day and you get 5%. I figure that is pretty fair. You would be stealing all the gold you can get your hands on, but I want a cut of that too. Once in a while I will get out of bed, and inspect the workings. Pays to keep your hand in.
There are couple of placer opportunities and number of tailings pond thingies. The trouble is figuring what the guvmint is going to cost you and how to get around all them there thornbushes. If it was only operations and engineering the whole thing would be a snap.
Any real mining operation, from the logging, to the baseline study, to the tailings pond, engineering study, cost about one to two houses worth to actually do, given it is dirt cheap. If it can be studied and done for less -- and I dearly wish it could, and hope and would try with the belief that it can be poh-boy shoe-stringed -- then so be it. If it is drilled and declared worth it, the return should buy all the equipment and start one more or two more operations.
EC<:-}
Ok, eric, let's say i furnish a truck, lowboy, 50,000# trackho, decent cat, one excellent miner/operator, one decent operator, fair mechanic and awful cook who won't go in holes (me) some misc tools and odd iron, and a little cash. What'll you bring, what can we make, how much do me and my sidekick get, and can you cook? lj
Well of course this site will not let you post jpegs but
here is the site link.
http://www.barkerminerals.com/i/common/priv_chart_big.jpg
Didn't save it EC, will try to get it again. Thanks.
Email me the chart/docs and I will post it for you. or post a link to it. Never mind how. It'll work.
cuts and paste below to mail.
echarters@sympatico.ca
or go to http://pages.ca.inter.net/~echarters/summary.html and
look for the email link.
I hope its not in word 2000 format. That may take a while. I only have Word 6.0 Don't much believe in MS upgrades. If the chart is in some strange format, just "save as" (file pull down menu --> "save as ..." an html file or "save as" a "*.gif" file. That sometimes works.
EC<:-}
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