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Silverado Gold Mines
BY: bullionbull - July 6th, 2009 - 1:49 PM
+58 
Re: Silverado Gold Mines
I also like the Nolan property and in fact like Alaska all together. It's a Republican state and is looking to expand its workforce and exploit its natural resources. This increases the chances of this project being green lit to production.
BY: fastfoot - July 4th, 2009 - 9:26 PM
+1264
Re: Silverado Gold Mines
Started buying in Jan/07 - 20 consecutive months. Then purchased over last 4 months to lower my average greatly at these rock bottom bargain prices. Am now well positioned for the expected ascent. Can hardly wait!
BY: goldbugger - July 4th, 2009 - 10:40 AM
+84
Re: Silverado Gold Mines
This resource calc is not cutting it .
Summary of Amended Inferred Antimony and Gold resources from 'A' and 'West' Zones, Pringle Bench --------------------------------------------------------------------- Category Cut-Off Grade Quantity Grade Metal Grade Metal (% Sb) (tons) (% Sb)(ton Sb) (oz/ton Au) (oz gold) --------------------------------------------------------------------- 'A' Vein Inferred 4.0 737 29.13 214.7 0.113 83.4 'West' Vein 4.0 1,951 9.86 192.3 0.049 94.7 --------------------------------------------------------------------- Inferred --------------------------------------------------------------------- TOTALS 4.0 2,688 15.14 407.0 0.067 178.1 --------------------------------------------------------------------- Notes: -- The effective date of these resources is January 1, 2009; amended June 1, 2009. -- Rounding may result in some discrepancies. -- No processing recovery factors have been applied to these resource figures. -- The unit ton refers to short tons. -- Cut-off grade is 4.0% Sb 'equivalent', which is the combined values of gold plus antimony expressed in terms of antimony Silverado's amended, inferred lode mineral resources, Nolan Creek area
We need tonnage and we need price per ounce for production.
How long have you been holding fastfoot?
BY: fastfoot - July 3rd, 2009 - 8:49 PM
+1264
BY: goldbugger - July 3rd, 2009 - 6:40 AM
+84
Re: Silverado Gold Mines
That is one way to look at it sir!
I hope its worth it. If we have a multi multi million ounce resource it will be.
Do you expect a resource calc this summer?
BY: fastfoot - July 3rd, 2009 - 3:19 AM
+1264
Re: Silverado Gold Mines
You're right Goldbugger - a lot of shares outstanding for sure. Further dilution does not bother me as much as most people, because I feel there are literally Billions worth of gold & antimony on Silverado's 3 properties, especially the Nolan, which is the crown jewel. The mother lode has been located & appears to be incredibly rich - further exploratory drilling is required to move "indicated reserves" to "proven reserves."
Major gold companies would give their eye teeth to have this property - the infrastructures are all in place & it is 100% owned. Hopefully good news this month!
Any Jr. gold mining company does what it has to to stay afloat during tough economic times, even if it means involving private placements, lines of credit etc. In the end it will be worth it!
BY: fastfoot - July 3rd, 2009 - 3:09 AM
+1264
Re: Silverado Gold Mines
Wizardofaus you've hit the nail on the head with both your comments. Once production starts this stock could sky rocket - the goods are there - perfect time to get in is now. Hopefully we get some breaking news ths month - we're overdue. Good luck!
BY: goldbugger - July 2nd, 2009 - 4:16 PM
+84
Re: Silverado Gold Mines
Had to stop in gentlemen. Even when dreams turn to revenue we have over 1.1 billion out and potentially more to come.
Why is no one concerned about this?
BY: wizardofaus - July 2nd, 2009 - 2:48 PM
+9
Re: Silverado Gold Mines
If this company begins mining its gold and antimony resources, it will appreciate greatly in share price. In the meantime its a good time to be thinking about getting on board while the price is low.
BY: fastfoot - June 9th, 2009 - 5:59 PM
+1264
Re: Silverado Gold Mines
N.A Pickle - Green Fuel Project was originally planned in Mississippi - government funding never arrived to help out . Too much politics re oil people. Right now focus is on the gold & antimony in Alaska. Tom Bundzten has given this company much credibilty. Expect major news over the next few weeks. Will try to keep you posted!
Thanks for your interest!
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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.