scoutaz, Cerro Rico mining current situation - the Potosi children works in the Cerro Rico Silver mines - Potosi -
Franklin Mining, Bolivia's Joint Venture with COMIBOL - for four veins of the Cerro Rico de Potosi - has been designed and structured in anticipation - of returning this historic mine to full operations - and enhancing multiple aspects of the local economy - safety etc. -
scoutaz, Cerro Rico mine has been mined to about - 3000' deepth and about 2 billion ounces of Silver - has been produced plus gold, copper, zink, tin, antimony, bismuth and rare minerals etc. -
Cerro Rico Mine - at 4000 m elevation is more than 15000' above sea level and with today modern mining hi-tech. working goes below 20000' of sea level -
Cerro Rico Mine - mining has more than 32000' to go - conservative estimation would be -
Ex. Silver 2 billion ounces - to 3000' deepth will be that more than Ag 20 billion ounces remain in the Cerro Rico treasure chests - plus 10 times of all other minerals mined - often the mineral richness inrease with deepth - in my est. Cerro Rico will be mined for a long time and the richness will only increase with deepth -
btw. don't forget to incl. FMNJ - own old Gold, Silver, Copper Mines - values in the US etc.
Some pictures below show the current conditons, in Potosi - the Christian city - once made Europe rich in the past - will the children get something good - in return? -
Yes, FMNJ mission - will create the safety for all the Cerro Rico Miners and a better life conditions for all in Potosi and enhancing multiple aspects of the local economy - safety etc. -
scoutaz, You are welcome to do your due diligence and compare the other companies to FMNJ - its appreciated, tia.
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RE: Buffett donates $37 billion to charity -
He said he was overjoyed as he spoke for the first time since revealing he would donate about $37bn (£20bn) to Bill Gates' charitable foundation -
Largest grant: $1bn to the United Negro College Fund -
70% of aid spent outside US -
RE: The Potosi city, Cerro Rico Mtn. - that once made Europe rich - with the Real Gold & Silver money -
the Miners who live there are to survive -
Mining has always been Potosi’s lifeblood.
Modern prospecting technology has discovered -
that the mountain still contains at least as much silver -
as the Spaniards extracted from it.
The Bolivian government has invited FMNJ -
got the contract to mine it -
through to the heart of the ore-bearing rocks -
i love the hard working people - wish to be down in Potosi to give a hand - don't like to be sitting on top of this San Andreas - fault zone - http://tinyurl.com/o44wh Praying to keep it down - would prefer to be on top of Cerro Rico -
Do not let any volatility shake you out -
when the weak hands exhaust themselves - we'll see the next waves up -
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt - as of Jun 2006:
Unless the United States gets all of its economic house in order ? -
Gold will become the basic real money again - (which Gold has been for 1000's of years) and national currencies will only be money - if backed by - Gold.
With the exception only of the periods of -
- The Great Gold Standard -
practically all governments of history -
have used their exclusive power to issue fiat money -
to defraud with totalitarian bureaucratic powers - rob, plunder and to make slaves - of most the people.
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