Replies to post #5516 on Silverado Gold Mines Ltd. (fka SLGLF)

[mburns2000]

Yes, and you can buy any other bankrupt company for a song can't you?
There is no gold that can be mined at a profit.
Antimony is a joke.
They are incompetent at best and no one wants to touch this company with a ten foot pole.

[LilDigger]

Currently the market value of the company is $1.4 million and those highly touted resource reports from the company say the Nolan has 17,300 oz of AU ($21 million at todays gold price). Seem the big boys of gold mining now something we may not about this site.

www.prnewswire.com/news-releases/silverado-announces-updated-mineral-resource-estimates-for-workmans-bench-gold-and-antimony-deposit-at-nolan-creek-65438132.html

Then we have Garry's report of Jan 11, 2011 that gave a gave a resource gross value of $1 billion. Here is the link to sedar, you may have to search again for the document, www.sedar.com

sedar.com/GetFile.do?lang=EN&docClass=14&issuerNo=00000545&fileName=/csfsprod/data113/filings/01687962/00000001/v%3A%5CSilveradoGoldMines%5CSEDAR%5C0009369_mcr_Jan18_2011%5Cfiled%5CMCR.pdf

I have been told by a few past "employees/contractors" in Alaska that Kinross has been to the site but left, this was before Garry let all but 38 leases go into default. If I remember right this was either 2012 or 2011.

Now a lot of the area is free for the staking fees and still no big gold companies have staked a claim. The guys tolds me that some part of the Nolan would be good for a small placer mine (mom & pop op).