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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: heres why

Dec 07, 2007 09:24AM

Dec 07, 2007 09:28AM
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Dec 07, 2007 09:35AM

Dec 07, 2007 09:41AM

What gives Noront the extra attention than several of the area plays of DE?

Yes, the magnificent goldfind in Windfall, an average of 1327 gr/tn over 4,8 m, with bulk sampling on its way.

To really comprehend what this value means, one must multiply the grams with the width (1327 x 4.8) to calculate an indexvalue, as a means to compare with other finds. A value over 50 (for mining capabilities) is considered good. As you see below, Noront is the top, even if you should consider it a one shot. IMHO, Richard Nemis will JV with most of the area players and sell DE. He will put Windfall into a mine. That is the difference.

BTW, Eleonore was sold for 1/2 billion, Arequipa for 1 billion dollars.

Noront (2006) 4,8m 1327 gr/tn index= 6370
Aurelian FDN (2006)  189m 24 gr/tn             4536
Lihir (1996)  272m 5 gr/tn             1360
Goldstrike (1989)  164m 14 gr/tn             2296
Mesel (1989)  133m 8 gr/tn             1064
McLauglin (1978) 121m 6 gr/tn                726
Sleeper (1984)   102m 28 gr/tn             2856
Arequipa (1996) 77m  5 gr/tn               385
Eleonore (2004)  23m  15gr/tn              345

Dec 08, 2007 10:38AM

Dec 08, 2007 10:43AM

HSS
Dec 08, 2007 11:16AM

Dec 08, 2007 11:30AM
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