Posted on 12/16/2014 10:59:26 AM PST by MeneMeneTekelUpharsin
TORONTO, ONTARIO--(Marketwired - Dec 15, 2014) - YAMANA GOLD INC. (YRI.TO) (AUY) ("Yamana" or "the Company") today announced a new vein discovered at El Peñón and the best drill intersections in the history of Chapada, immediately west of the main pit. At El Peñón the new north-south vein, named Ventura, is expected to lead to expansion of the mineral resource base at what appears to be high grades. The results at Chapada, from the newly discovered mineralization named Sucupira, continue to support the potential of a much larger district of mineralization, which could also significantly expand mineral resources. In both cases, operational outlook of these cornerstone mines is significantly improved because of grade, proximity to plant or mine workings or both.
(Excerpt) Read more at finance.yahoo.com ...
All gold mine discoveries shout “appears to be high grades” in articles but very few are.
A trusted advisor once told me “ A gold mine is a hole in the ground with a liar on top” (Mark Twain)
“appears to be high grades”
STOLEN ORE? That is what the old timers called ‘high grade”.
It's all been stolen from the Native Americans. But I don't think that is what they are referring to in the article.
Typical Wall Street...gold mining company announces significant new discoveries at TWO mines and the stock drops. The stock market is completely crooked. It’s total.
Smart money always is favored and wins, “Wall Street”, but if you learn from them, factor them in, you can win, too.
So, Scalded Scorpion, why did Yamana go up so much today? Thought it was supposed to drop on news. Explain it to me, wise sage.
3-meters of 68 grams/ton qualifies in most people’s world as high grade. That’s over 2 oz/ton.
Not true, Grasshopper...buy on rumor, sell on news.
So, Scalded Scorpion, why did Yamana go up so much today? Thought it was supposed to drop on news. Explain it to me, wise sage.
Sometimes people really are trying to help; maybe instead of flaming a fellow conservative, you may rather look out for each other. I can get such responses from Clinton/0bama/Warren/Boehner/McConnel supporters. Think about it.
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