InvestorsHub Logo
Followers 1
Posts 848
Boards Moderated 0
Alias Born 11/06/2006

Re: DCD post# 3181

Tuesday, 01/09/2007 11:35:21 AM

Tuesday, January 09, 2007 11:35:21 AM

Post# of 17016
Hi DCD.. thanks

Now that I'm starting to learn a little about this, I went to reread the Dolbear summary from late October. I think this is the most important part:

"There is potential for an economic deposit at the Deer Trail Mine if the metals occur together in significant grades and in widths (generally greater than 10 feet) that are adequate for mining. Additional work is required to determine if those conditions exist. Before additional drilling is done, the results of the logging, analyses, and observations by Behre Dolbear should be combined with the data and results from previous work to develop a three-dimensional model of the deposit. Development of that model will require data from surface and underground mapping, previous mining, and drilling from this and previous campaigns. All of this data on lithologies, structures, mineralization, and alteration must be put together on maps and cross sections to build the model. Based on that model, the geometry (true widths and lateral extents) and grades of the mineralization as currently known will be indicated and decisions can be made if additional drilling has the potential to define economically mineable mineralization. It has not been determined if there is adequate data available from previous work to construct a good model." "

Seems to me that to answer my question regarding the grade of extraction at Deer Trail.. the answer is "unknown" at this time, but the processes are in place for determining that.

Question to all you people who are so gung-ho and have done all this due diligence (which I really never did adequately, so if I lose my shirt here I'm getting what I deserve)..

Am I wrong here? Has Unico at any time stated what the grade of extraction is? I don't understand why I'm not getting a direct answer to that question.. it should be a simple yes or no, and if yes, an inclusion of exactly what grade.

Join the InvestorsHub Community

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.