Remember post re Pinacle Digest intested in slglf - just made post there
posted on
Jun 09, 2009 02:35PM
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.
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