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Hey imbrok. By viewing your message history it appears one of your stocks Silver Falcon? SFMI a pink sheet in a very very weird sketchy situation. By the way these are new discoveries for Lode not 100 years old like yourself there Old timer he he. Maybe you know something I don't? Anyway Cheers and good luck to you. I hope it works out.
War Eagle Mountain or the Future El Dorado of Silver Falcon Mining, Inc.
http://www.hotstocked.com/article/3853/war-eagle-mountain-or-the-future-el-dorado-of.html
New Ceo blog:
Sunday, March 06 2011 21:03
PDF Print E-mail
Question: When can we expect the first assays from the recent drill program to be made public?
Answer: We announced today the results for thirteen additional reverse circulation (RC) holes from the first phase of drilling on the Dayton Resource Area. The results include the highest-grade interval encountered to-date at the Dayton: 10 feet (3.05 m) grading 1.121 ounces per ton (38.39 g/tonne) gold and 2.279 ounces per ton (78.05 g/tonne) silver, contained in an interval of 135 feet (41.15 m) grading 0.218 ounces per ton (7.47 g/tonne) gold and 0.685 ounces per ton (23.46 g/tonne) silver. Many of the holes also encountered the deeper, silver-only mineralization that was first encountered in D10-01, the first hole in phase one.
All of the holes on the southern fence and the first holes on the central fence were announced in the Company’s February 28, 2011 press release. The holes announced today include more holes on the central fence, all of the holes on the northern fence, and an additional three holes on an intermediate fence between the central and northern fences.
Including the holes reported today, 32 of the 39 holes in the program have been reported. All 32 holes encountered intervals of significant mineralization with many of the holes encountering the deeper, silver-only mineralization that was first encountered in the first hole in phase one. The mineralized zone in vertical-hole D11-21 was confirmed by the results for angle-hole D11-25. However, both holes terminated drilling prematurely due to adverse drilling conditions, both while still in the mineralization. Since these holes on our northern-most fence encountered adverse drilling conditions and bottomed in the zone, we consider the mineralization to be open laterally and at depth. Our next drilling phase will include holes designed to test the true thickness and lateral extent of this zone.
The results represent the strongest evidence-to-date for bonanza-grade gold and silver zones at the Dayton. It is exciting to watch the accelerated development of Dayton as it advances toward our goal of contributing a much larger resource, including the additional, silver-only discoveries that we encountered in our very first hole and continue to encounter.
We are pleased with the exceptional productivity of our Dayton drilling and the pervasive nature of the gold and silver resource we are validating throughout this resource area. We look forward to the remaining Phase One assays and our team has already begun the process for a second mine plan and ultimately a second mine on the Comstock.
I will be attending the PDAC Conference in Toronto this week. And I look forward to announcing further updates on our drill program in early April.
http://www.comstockmining.com/corporate/ceo-blog
Cheers,
D
Nice find.
Thanks,
Cheers,
D
Thanks Ole timer. Not to late to jump in and go
back the the future here. Might be able to finally change that ID name of yours. he he. Good luck to you as well.
Cheers,
D
More gold from EA
It might be just more happy coincidence but now not just 2 but all 3 fences line up with the highest values being D11-03, D11-09 and now D11-21 all in a precise straight line 1500 feet South to North from bend in NV 341 all the way to Silver City overlook on west side of the road. 2 extra infill holes D11-28 to west and 29 to east do NOT have even decent near( read as ZERO) the values Au at that depth. They've found a bonanza vein. EA
Cheers,
D
Thanks for the heads up again old timer. I recall you were here a few months back saying the same thing? Not even the same company. I doubt they had Bonanza grade ore, fully permitted and funded with gold over 1400 per oz back in the 1980's. Sounds like you were just 40 years ahead of your time. Right Idea, wrong decade.
205,913 volume so far,= BONANZA!
Wow. Nice way to start the week.
Have a good day all.
We deserve a listen to this today.
Ya interesting action. It may not seam like it
but we are actually making higher lows and rising very very very gradually.ha ha Still in line with the GDXJ we are just a little behind. The chart is starting to look like a really really long run way. Hopefully maybe next week or so this bird will be hovering over the 3$ tarmack. Then we pull back on the stick and then bam we go airborn. Alot of people won't believe it until they see results from lode and that's understandable, to each his own and so for now we kind of sit in limbo land... Still most investors are not even aware of Lode...yet. Others won't tough an OTCBB stock etc. etc. We are off the radar until we hit international air space. That day will be coming soon.
Cheers,
D
Better volume today. Looks like buying interest is slowly building up steam. Looks like we might be breaking through the 3 barrier soon. Knock on wood. Might be some tape painting end of day. MM's are fighting it out today. We shall see.
Cheers,
D
Good stuff thanks,
I have to get back to work now. I will check in later.
Have a good day everyone.
Cheers,
D
Yup. I believe in some years we have the potential to be the next Allied Nevada. Currently those shares are over $33.00. Back in
2008 they were trading at 1.87. Speaking of ouch.
Lode has the potential to be a prj. of this scale. We have alot of catching up to do. If we can get the ball rolling and our drill results can continue the way they are then we will get there. knock on wood. We could be a mid to top tier miner within 3-10 years.
Cheers,
D
Ouch. Ya I remember him rambling on about GORO too back in 2008.
Damn. I wish I would have listened. But that was when
I thought the man was a nutter. ha ha. That sucks. Oh well, the fact that he has stuck with Lode for so long is a good sign. Although I know he has been smart enough to trade in and out. The guy should post over here instead of raging bull. The guy get's no respect over there. Someone should invite the man over here.
Cheers,
D
Yup.
I should have listened to 8 when he said he was going to sell at .05 back in the old days. The man speaks pig latin but he definitely knows mining stock and mining in general, over the years of reading his posts I have come to realize this. He is a good boots on the ground poster. this is the part that encourages me the most other than the potential high grade vein here.
"a continous decent grade open pit project well to the south and all on the west side of the highway"
This bloody moving the highway thing has been a thorn in my side since day 1 with Lode. I will be nice to have another prj. with out this problem looming.
BTW Fantastic informative discussion every one.
Let's show those yahoo's how real investors behave.
Keep up the good work.
Cheers.
D
Could not agree more. Although unfortunately in mining we have this sticky issue of permits. As soon as the upgrade on the air quality permit comes (I don't see this as any issue) Thunderbird's are GO!
Cheers,
D
I have a link.
It is correct.
Company will provide Mr. Golden with (i) a lump sum of $37, 500 plus an amount equal to his current base salary (less withholdings and deductions) through December 31, 2010, (ii) medical insurance coverage under the Company’s current medical plan through December 31, 2010, (iii) title to the current vehicle owned by the Company in his possession, (iv) a laptop and printer, (v) the mining rights to a certain property described as the Big Mike Copper Mine and (vi) subject to approval by the Board of Directors of the Company, all vested options to purchase stock of the Company granted to Mr. Golden under the Company’s 2006 Stock Option and Incentive Plan shall remain exercisable until December 31, 2012.
http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=7202705-1085-19093&SessionID=rpAvHjDoaVauF27
To bad really copper has had a hell of a run lately. Not sure
how good of a project it was though. Lucky Bastard. Still owns shares too I believe.
Cheers,
D
Ya there is an old ball mill on the property that the purchased
on the cheap in 2009. I believe the plan was to retro fit it with some new parts. That may still be the plan I dunno.
Here is a link to a video of the ugly beast in question.
Good post thanks to 8 over on Raging Bull.
Dayton Drill program phase 1 turned out very well as it was simply to prove out the idea it's a continous decent grade open pit project well to the south and all on the west side of the highway . Means it can open with the new mill as resource expansion not too much difficulty to load both low grade heap and high grade batch. Most striking point for the low IQ's back in the smokey Tahoe cave mouthing movements sounding out words? On the overhead view of Daytons seems running about 1000' south to central fence connecting hole D11-03 and D11-09 there runs an apparent gold vein of about 1/3 oz hit both places 200 feet down on that hillside. Infill's bound to turn up a few more as it has everyplace else. There's some 200 old holes shown which had NEVER struck that vein as yet nor been able to extract such with modern methods! Was more than worth the winter's work in lousy weather and good. Now drills back to proving up east side of highway across Lucerne which already hit big. EA
Cheers,
D
Yup and even further back. This might be "the proimise" some people refer too.
Monday, August 09 2010
Question: When will mining restart?
Answer: Our entire team (Board, Management and Keen Stakeholders) supports our objectives of initial production of up to 20,000 ounces of gold per annum, starting in 2011.
Certain mine sites in Storey County, Nevada are permitted for production of ore. This resulted from a successful, multi-year, multi-million dollar regulatory process. We are permitted for production at our existing heap leach facility for processing that includes the production of metal rich precipitate. We are in the process of completing an application for a newly required mercury air permit, under a new permit program by the Nevada Division of Environmental Protection - Bureau of Air Quality. Upon applying for and receiving the new mercury air quality permit, the operation will be able to make the finish metal dore for sale to refineries. We are also in the process of amending our existing air quality permit to include new crushing equipment and process up-grades. The amendment will be prepared based on metallurgical test results. We are effectively permitted for mining up to 720,000 tons of ore grade material per annum and the process permits amendments are systematically being advanced. Our permitting position is a significantly more advanced one than most exploration-only companies planning for production.
While we anticipate meeting our mining start up schedule in early 2011, that is, anywhere between March and June, this is fully dependent on some critical factors. As disclosed in our May 17, 2010, NI 43-101 report, we still have some prerequisite tasks for completing our mine and production plans, including extensive metallurgical testing to finalize the design of our heap leach process and related economic requirements. The metallurgical test results enable a more economically predictable, stable and effective production start up.
Lastly, while our bridge financing allows for the continuation of most production project tasks, certain capital-sensitive tasks require additional funding. If our capital raising activities are delayed past September, which we do not anticipate, then production start up would be delayed accordingly.
We will publish the progress on these activities timely, both through the continuous NI 43-101 updates and informative releases and postings, as we complete the intermediate objectives noted above.
Kindest regards,
Corrado De Gasperis
President and CEO
So "anywhere between March and June" and does that mean dore pour or breaking dirt?Unclear... But to me it means we absolutley must have a dore pour and positive cash flow before the year is out.
Cheers,
D
CEO Blog - Feb 1, 2011
"All of the aforementioned activities are either in progress or scheduled for commencement for production in 2011. Again, we do not know exactly what month production will start because the results of certain tasks are unknown (for example, metallurgical testing results will define final material crush sizes and final crushing equipment design) and we must adapt our activities properly before we commit the next necessary capital expenditures for production. Ultimately, this approach saves tremendous time and money and avoids deploying capital poorly or sub-optimally.
Please recall that our starter mine plan in the Lucerne Resource Area is positioned on private land under our existing permits. So far, we are pleased with the progress of our schedules, both in terms of drilling and all other activities progressing us toward production.
We are scheduled to commence second half 2011. Ramping up to
production is already underway and will continue through the spring. You must have your wires crossed. Old news
Please refer to the schedule.
http://www.comstockmining.com/files/comstockmining-overview-20101116/img12.html
Yup thanks, looking good!
At 40$ this year it's looking even better.
Silver Forecast to Rise to $40/oz in 2011, $400/oz by 2015
http://www.resourceinvestor.com/News/2010/12/Pages/Silver-Forecast-to-Rise-to-40oz-in-2011--400oz-by-2015.aspx
I don't know about the $400 ha ha, but interesting article anyway.
Cheers.
$40 Silver by Year End.
"A new mine takes 5-10 years to come on stream"
We are on target
Relax. all in due time.
http://videos.thestreet.com/v/37283268/great-panther-silver-ceo-40-silver-by-year-end.htm
Here is a link if you guys wanna check it out.
http://www.alliednevada.com/properties/hycroft/reserves.html
Cheers,
Did a little research tonight and I think we are looking very good here. True we do not have any big bonanzas on this batch of drill results but it's thick and throughout. I wanted to compare and found that many mines around the world and in Nevada in particular are operating profitably on grades lower than Lode's current drill results. One good example is Allied Nevada's Hycroft Mine.
Here are some general stats from Allied Nevada to give you a comparison.
Average Gold Grade opt: 0.014
Average Silver Grade opt: 0.18
Recovery %: 56.60%
Average Gold Recovered opt: 0.0079
On average it appears our results are higher or on par.
Cheers.
Me too,
I've been here since early 2008 and I will be here until we reach full potential, be that buy out or big board, or whatever. I have been through too much drama with this company too bail out now. Best of luck too you and all.
Cheers,
D
When I look at the schedule it looks like production does not ramp up until the second half of this year. Page 12 of the investors presentation.
http://www.comstockmining.com/files/comstockmining-overview-20101116/img12.html
No reason why we can't have our cake and eat it too.
All in due time.
Cheers,
D
Fantastic News, Thanks for the heads up.
I'm liking this part.
"south and central fences found thicker mineralization than historic drilling led us to believe."
GO LODE!!!
Cheers,
D
Ya funny. One must remember that most people still do not have the recommended at 10-15% of there portfolio in precious metals. It's definitely not main stream yet. It might take some kind of a dollar crisis for those stubborn fools to come around. Alot of Wall street types hate gold, and to be blunt they just don't get it and probably never will. Some folks hate gold because it shines a beacon of truth on dollar. Alot of people are also sour that they missed a ten year + bull run so they have this strange hate towards something they don't understand. To be honest it does not matter what the US media thinks. China India, Russia, and the other emerging economies are grabbing gold with both hands. Every Chinese person wants a two car garage and the American dream, they also want gold bars. The strain on the planets commodity resources combined with excessive liquidity will send the dollar on it's continued path down. Inversely to the dollar, gold will rise. It's really that simple and it's amazing that some people still don't get it . Oh well, it will be our secret. Don't tell anyone about the 16 to one historic gold to silver ratio they might think your a nutter. he he.
Gold prices will balance on China, India and global crisis
http://www.commodityonline.com/news/Gold-prices-will-balance-on-China-India-and-global-crisis-36770-3-1.html
I think it could me that MM on strike basically. The MM's know production is around the corner so my theory is the one MM does not want to play the game of swapping shares back and forth at low prices for fear of not being able to purchase back those shares when production news is announced. The 1.01 bid is another MM giving the ask MM the middle finger. The ask MM is basically saying these shares will be worth 5.00 minimum so why would I sell to you this low now?
The .01 cent on the dollar bid the punctuation mark ! on that middle finger IMO.
Cheers.
D
A Massive Gold Rally Is Underway
http://seekingalpha.com/article/254893-a-massive-gold-rally-is-underway
cheers D
Gold up, silver up, oil up, GDXJ and most major and junior miners down too? Go figure? All stocks appear to be having a case of the willies right now? Interesting action across the board. You are correct it might be a case of the physical taking preference here. In a time of political unrest that makes perfect sense. We shall see how this plays out.
Cheers,
D
Dow is down. But I noticed GDXJ is slightly down as well so it appears to be a common reaction in the junior gold sector for some reason, nervous nellies across the board ha ha. When GDXJ gets the sniffles we get a cold but when GDXJ goes up we over shoot big time but we do follow the trend. Does not make sense though, gold is up today to $1415 and silver is up $33.36. We will correct up in due time. Just gotta shake out some weak hands.
Cheers,
D
Yup
172,092 traded thus far. Not bad. People finally waking up.
Cheers
So far so good with the new CEO though. Most all
the little duckies are lined up now so little to no excuses left IMO. No worries.
Rally pushes gold past $1,400
http://www.ft.com/cms/s/0/bbddc21e-3df2-11e0-99ac-00144feabdc0.html#axzz1EednTxxr
Cheers
Silver $33.97
GOLD $1406.60
http://goldnews.bullionvault.com/silver_price_022120111
"A particularly ominous sign for the Dollar is that there's been no safe-haven demand for the [US currency]," says Steven Barrow, chief forex strategist at Standard Bank in London.
Hold on to your hats folks.
Cheers,
D
I agree. But if silver is set do double do the math.
Cheers,
Hey Smitty,
I feel your pain as well. Been here since 2008 so not as much pain as you. I hope you will be rewarded for sticking with the company for so long.
Cheers.
D
I'm thinking it might be because production is eminent and
maybe some of the MM's don't want to sell so low? It's funny. I think someone else put the bid at $1.01 to send some kind of a cheeky message? It's certainly a stand off of some kind. Trading seams to move in between the two for now though so I dunno?. Definitely strange.
Silver hits 31-year high as gold continues upward trek
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/silver-hits-31-year-high-as-gold-continues-upward-trek/article1912032/
Cheers,
You obviously have been out of the loop for some time.
I suggest you go to the company web site and read the
investors presentation. New management, financing and permits, etc, etc. You have a lot of catching up to do.
Cheers,
D