Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
RT thanks so much let's see if Dave gives you and I a decent grade in the class maybe I should take it pass or fail. <g> Arena Blanc grades could be an average of 1946 g/t and 7600 g/t listed as the banner under the Arena Blanca property section as grade improves with depth I just averaged the top and bottom. Pretty rough but it's a start.
I think part of the key is that with El Ocote and potentially other properties will increase in overall size potential as more geophysics is done. As we can see SVL geologists have dug in and greatly expanded the potential size of El Ocote.
Thanks for the help.
Dave I got up early and worked the computer quite a bit. I am too tired to do that math. Maybe you could to earn your bread and butter. <g> I gave you the numbers you plug the formula.<g>
Caradoc for sure goldcorp is one of the bluest of the blue chips.
Yes I am <g> and I am trying to tell you if everyone looks over all the data I think most are underestimating the potential amount of silver on SVL's properties.
If you are posting at this board or lurking I guess you would be labeled a speculator?? Come on we are SPECULATORS!! So let's speculate for a few minutes. My analysis is biased as I am long big time SVL. In addition I have no training as a geologist or analyst but conjecture is easy. So listen up!
SVL shares out 11.3 mill/ 5.95 public float so management controls 47.35% of shares. 17.8 mill fully diluted.
Cornerbay 19.536 mill shares.
Cornerbay from Amec report on Sedar Aug 9, 2002:35.5 million tons 67.6 g/t AQ and .26 g/t AU so AG equivalent 85.8g/t (31.1g=1oz) 2.7588ounces 35.5 mill tons = 97.94 million ounces at BAY. SOMEONE CAN NO DOUBT FIND THE EXACT NUMBER.
Bay had a low strip ratio and according to DEc. 12, 2002 sedar report both El Ocote and Opoteca will have a low strip ratio which is also mentioned in the most recent NR from SVL.
Inferred and indicated AG at El Ocote is 16.2 mill oz and the latest NR says the new Rosita extension may add (and I don't think SVL would say this without good reason) a double or triple to the resource and the Tuft area may add 15-25% to the pipe so taking 16.2 mill oz X 2.5 for Rosita + 20% for the Tuft area we get 48.6 mill ounces. As per Claude (I think) and what I have read the grade is considerably higher at El Ocote than at the Bay's Almo Dorado deposit is cheaper to mine.
We add 13 mill ounces from Opoteca with Sedar filings indicating this can be greatly expanded let's say 25% we get 13 mill + 25% = 16.25 mill OZ. So now we are up to a speculating
64.85 mill oz.
LA POCHOTA: From the Feb 17,2003 Sedar filing it shows 800 feet of exploratory drifting and 34 samples (underground which is good as it is not just a surface float) averaging 514 g/t AG and 4.1 g/t AU providing a 801 g/t or 25.75 ounce per ton AG equivalent. 600 meters in length, 1-4 meters in width, 125 meters in down dip (from SVL website). CD I NEED YOUR HELP AGAIN ON ESTIMATED TONNAGE!!!!!!!!!!!! We have a potential huge high grade deposit here people. Let's say 15 mill OZ of AG Equiv.
ARENA BLANCA:Go to Sedar technical report I think Dec 12, 20002 or so pages 80-95 or so. Also go to website and then change pixel size on yor computer controls so you can view all the images for Arena Blanca. You will see a sample from the top of the hill of 1946 g/t and from inside the adit of 7600g/t 150 meters downdip 200 meters in length and 5-10 meters in width. Silver values increasing at depth. Take and average of top to bottom and yo obtain 153 oz/t. I CANNOT SAY WHO I HAD A CONVERSATION WITH BUT A GUESSSTIMATED POTENTIAL AMOUNT OF OUNCES AG IS OVER 100 MILL FROM ARENA BLANC. Canuck Dave assisted in the estimated tonnage if he still has the PM he sent me. Dave did not come up with the final estimated number. But for the sake of analysis let's just use 20% of this for another 20 mill OZ of AG.
We are now up to a potential of 99.85 mill OZ AG on the 4 properties that SVL current has 100% ownership of. Rumor has it that they are looking to acquire 1-2 more high grade properties.
Note that SVL geologist Eric Fier was a senior engineer and geologist for Newmont for many years. I assume he knows what he is doing. <g> Scott Drever was responsible for some very nice discoveries for Dome and other companies. We are loaded for the play of my life time in my estimation.
I am optimistic and am much more interested in what we get at LaPochota and Arena Blanca than what we already know about El Octoe and Opeteca. I have bought and will buy with both hands. Remeber Bay holders got 1 share of PASS and an option I think (PLEASE CORRECT OR CLARIFY) for each share of BAY. Silver is now priced higher and PAAS is at $10.16 vs around 4.5 at Bay takeover and silver is close to $5.00 vs about $4.50 at Bay takeover time. I can easily see a $10.00 potential for SVL IMHO but please do your own DD and remember I am long a very large position of SVL. I may buy or sell additional SVL at any time in the near or intermediate future.
Tom
Frank please relay hi lites. THANK YOU!!!!!!!!!!!!!!!!!
Sold about 30K AQI not unhappy and also trimmed some INM and GRS. Tried to trim GOZ but could only off 2K as someone else wanted to dump more than me. <g>
I am keeping a good chunk of my position of AQI, needed to raise cash for a position to spread the risk in my PF. I remain 100% invested.
great post amark thanks for the story.
Interesting. I just printed it to read more carefully at home.
Thanks amark you are a very good person. I have said things I regret too, too often but jr has always been very civil to me and has brought me up short when I needed to be. <g>
Thank you so much for the kind reply.
amark was that necessary? jr is a good guy. Is he just clutter?
I tried to sell some goz today as I have something else I am buying remaining unnamed until end of next week and could not off any goz even at a loss from my recent purchase.
BTW I am releived with the SVL action. What do you have a webcam shooting me at my desk and at home? <gggg>
I sold AQI, INM, GRS and a very tiny piece of GOz today. Keeping nice positions in these stocks but have my eye on something like I say. lol.
CD,
Said you should get SVL yesterday while you could but nobody wanted them at 1.15-1.18. <ggggg>
tom
As I told Dave it will only get better.Trust me. <gggggggg>
It will only get better. Trust me. <gggg>
Eva and Dave you happier with SVL today? <g>
POG body slam!
Great article on one of Claude's picks GLR resources:
http://www.thebullandbear.com/bb-reporter/index.html
CD,
I am the proud owner of a lot of SVl. I may have to wait for quite some time but this thing has less shares than BAY had and much more potential. Remember they are exploring around two properties that have already been pre-drilled so unless it is a complete miss the drill should re-hit significant mineralization. We are looking at a very large potential fields 2-3 or more at El Ocote and Opateca. And the Arena Blanca numbers you and I threw around. It can't be that you and I are the only people who investigated the slide show on Arena blanca which could be the biggest if not he highest grade parcel of the 3. Go figure as you said.
Tom
Life, didn't CC recommend it at .50 or so? What do you want Eva? <g>
SVL news WOW!!!!!!!!!!!!:
http://biz.yahoo.com/bw/031016/165609_1.html
added 5k more SVL get em while you can.
I got 709,200 indicated and inferred + using a 70:1 gold to silver what value you using to get 18 mill?
AQI opened?
added 20K SVL cannacord 33.
Ol John is as smart as they come.
Are you talking gold or the general market?
Hard to say. But I am not bailing. <g>
IMR sues AQI.
And GLR Resources one of CC's picks.
News soon on AQI just waitng for the exchange sign off.
The Canuck exchange.
Check out IMR.V Dave buy the proxy AQI. <g>
No way!
128K
Uh down!
AQI is halted for the resource calculation. Marc halts the stock every time he has a NR. <ng> LOL. That's my bet and I am sticking to it.
Looks like silver is following today to the downside.
rt thanks for the heads up.