InvestorsHub Logo
Followers 26
Posts 2484
Boards Moderated 0
Alias Born 01/13/2006

Re: None

Monday, 03/07/2011 6:32:32 PM

Monday, March 07, 2011 6:32:32 PM

Post# of 60120
first of all the unofficial ni-43-101 report sounded pretty good to me , when you have a few big companies check it out,[ conglomerate mesa] POTENTIAL. REMEMBER gold back when newmont gave up on the conglomerate was only 395 per ounce , now 1441 dollars a ounce.difference in price could make it worthwhile or not worth much at all i know of a few gold mines that were shut down quite a few years ago and bought out, cheap by other compainies, sat on for years , now with gold at this price, they are litterally sitting on a big gold mineand are noe producing. iam looking at the conglomerate mesa as having this kind of potential.from what i see on a geological map, it looks to me like over millions of years gold has washed out of the mountains and collected in the lower lands.think, if just 1/4 of an ounce washed down from the mountains ov 10 million years you have 2,500,000 ounces of gold that could have collected in the conglomerate area.