InvestorsHub Logo
Followers 160
Posts 22264
Boards Moderated 7
Alias Born 02/07/2005

Re: Crissys Lucky 7 post# 545

Thursday, 09/14/2006 2:34:59 PM

Thursday, September 14, 2006 2:34:59 PM

Post# of 1026
Crissy. I had also searched a few days ago, and only came up with the same MMM as did you. But there could be another old mine somewhere....

Regardless, you are on the right track. There is no tailings pile on earth that is capable of having the amounts of pm's as this company so fraudulently states.

In fact, the original ore, if it were from a surface mine, and processed via heap leaching, could have been profitable if it were at a grade as low as .02 opt Au.

Or, if it were an underground mine, much more expensive to operate, maybe profitable at levels of .25 opt or so.

And no operation, however inefficient, would have left behind much valuable product.

Next, if there really were some new fangled chemical procedure for obtaining minerals left behind, it makes sense that the majors would be utilyzing it....not some podunk unreporting stinkie pinkie.