To: Diana in Wisconsin
“CCW is in the midst of a 50,000-meter drill program. They have completed 18,000 to 20,000 meters and so far have encountered an additional six new veins. The latest vein containing the 9% silver is only 60 meters from the last high grade silver vein. They have two drills working. Investors should expect results to keep coming out for months.” Note: None of that information tells us how far down from the surface the sample shown was found. It is of critical importance.
From my mining engineering degree:
Ore is material which can be mined at a profit.
If it costs more to extract the material than the money which can be gained from it, it is not ore, it is simply interesting material.
13 posted on
02/01/2021 7:38:50 AM PST by
marktwain
(President Trump and his supporters are the Resistance. His opponents are the Reactionaries. )
To: marktwain; All
Note: None of that information tells us how far down from the surface the sample shown was found. It is of critical importance. In my informed opinion, that information is being withheld deliberately.
If that sample was found 50 meters from the surface, they would be shouting it from the rooftops.
15 posted on
02/01/2021 7:41:22 AM PST by
marktwain
(President Trump and his supporters are the Resistance. His opponents are the Reactionaries. )
To: marktwain
Personally? I don’t WANT any more silver added to the stockpile; I’m selfish that way. ;)
17 posted on
02/01/2021 7:45:23 AM PST by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
To: marktwain
> “They have completed 18,000 to 20,000 meters”
I have no experience but doesn’t the above give info on how far down they drilled?
Also, if this company is going through this much trouble, wouldn’t they be looking at profiting?
Do you know what they mean by $71,000 intercept?
30 posted on
02/01/2021 8:53:07 AM PST by
Hostage
(Article V)
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