Replies to post #274 on SILVER (Ag) PRODUCERS

[NYBob]

Ex. miners are only allowed to report mineral
res. after the high cost drilling been done -

the drilling in the best case goes down only
to about 3000' -

ex. let say only a few % percent of the mineral -
property been drilled? -

still the comp. decide to start a mine -

the experience tells them -
the real mineral deposit res. maybe 10-50 times
larger -

ex. the drill goes down 3000' but
we mine to 25000' depth -

the mineral veins traced from overflight -
Hi-tech images shows the veins runs miles -
in some directions outside of what been drilled -
still not allowed to be incl. in the res.
est. -

the drilling tells the value/ton and the
res. may be in reality 50 times larger -
to a mining pro. with experience -
still not allowed to be rep. to public -
gov. rules -

larger res. maybe 100 times larger -
than what the gov. rules allow -
to be reported? -

Miners are risktakers and when the
drilling report tells them -
we can mine this res. with a profit -

its time to est. the mine -
its time to make a profit on the res.
drilled -
its better to spend the money -
to est. the mine infrastructure -

and more drilling can be done later -
to expand the mineral res. desposit -

ex. in the old day we eye-balled the
mineral vein -
followed it day by day -
like they done with Cero Rico Mines -
for 1000 of years -

well, 500 years from now -
Cerro Rico Mine Res. -
will still be mined -
imo.

http://www.investorshub.com/boards/board.asp?board_id=5406

God Bless