This discussion is about Silverado Gold Mines Ltd.

Silverado Gold Mines

fastfoot
+474-39

Silverado Gold Mines is in a position where it can potentially explode over the next several months.     It has 3 valuable gold/antimony properties in Alaska.  Of the 3 the Nolan property is the crown jewel & likely has several Billions worth of gold & antimony.  Tom Bundzten, an internationally respected geologist wrote a Pre-Feasibility Study in Jan/09 (165 pages)  & recently ammended this in early June/09 (205 detailed pages).  All the infrastructures are in place & additional exploratory drilling will change the "indicated gold/antimony reserves"  to  "proven reserves."   This property is economically feasible.   

         I would like to emphasize that the U.S. has had no Antimony production since 2,000 & has had to rely on China who control about 90% of the world Antimony market.  However, recently, the Chinese have decided to hoard more of its antimony for itself & restrict exports.   This opens tremendous possibilities for Silverado in Alaska.   I urge  interested people to read Tom Bundzten`s reports on the Silverado Gold Mines website.   This stock is ready to explode.   In 1980 it traded above $10 U.S. during the last gold rush -  now it has potential to move from `` exploratory status`` to production status.    Despite the recent dilution during tough economic times, it is ridiculously priced & will advance dramatically with further anticipated news releases.

fastfoot
+474-39

Re: Silverado Gold Mines

Bullionbull, I think production is a lot closer than you think.   Once financing is firmly in place we will start to move.   Until then we will tread water.

bullionbull
+55-2

Re: Silverado Gold Mines

We've been at this price roughly for about three months. The market has really stalled. I don't think production will be for a very long time yet. But that doesn't mean the stock can't go up. Quite the opposite actually. Some consistent high grade results prving that this is a multi hundred thousand ounce deposit at Nolan is good enough.

goldbugger
+78-4

Re: Silverado Gold Mines PRODUCTION??- KABOOM!

Volume remains solid. If we break through 2 cents we could see a real break out!

 

goldbugger
+78-4

Re: Silverado Gold Mines PRODUCTION??- KABOOM!

We are so close to 2 cents now!!!

Look at the volume today!! One more up day!! and we will be there!!

goldbugger
+78-4

Re: Silverado Gold Mines PRODUCTION??- KABOOM!

Production is the key for every mining company. It is going to catapult us into a new domain!!! True success comes with production, always,.

fastfoot
+474-39

Re: Silverado Gold Mines PRODUCTION??- KABOOM!

Good idea Quincy3.    It's now & forever.   Once production starts, look out!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

quincy3
+189-12

Re: Silverado Gold Mines PRODUCTION??- KABOOM!

Thank you fast foot. I see the flick has yet to be switched.  But looks as if we are closer and closer.

It had slipped my mind until now. I will be looking closer this week. 

thanks

fastfoot
+474-39

Re: Silverado Gold Mines

Until we get official news from the company we are all guessing as to how best to proceed.    It's not our call.   Depending on the size ultimately of the gold & antimony on the 3 properties, especially the Nolan -  in the end analysis it may not matter.    Ideally it would be great to have early production to help offset the costs!  I can't argue with that.   Time will tell.   Stay tuned.

bullionbull
+55-2

Re: Silverado Gold Mines

It hopefully won't be a stock financing because that would be incredibly dilutive to us given how much money would be needed. I owuld hope they finance part of it by starting small scale prodcution to help offset costs.

fastfoot
+474-39

Re: Silverado Gold Mines

Goldbugger,  let's open those doors & start hauling out the goods.   Tom Bundzten & others know it's there.   All we need is solid financing to proceed.   Dominick & Dominick wouldn't be wasting their time if this were not a reality.  

Bring it on!

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