Re: What are your expectations for Silverado Gold Mines & Why - Mainman
posted on
Jun 15, 2009 05:31PM
Mainman, you raise a lot of good points too. This company has survived for so long with very little personnel. Now we are on the edge of something major - especially the Nolan. I have been told that some $70 - 90 M has been invested up there - where did all this money come from for all the infrastructures. I too have been told that a lot of TriCon money has been put back into Silverado to help build up this foundation. Not sure if Eagle Creek & Ester Dome are included in this figure but I assume they are. We all know the explosive potential of the Nolan -- as Cooky says we need to move "inferred reserves" to "proven reserves" to give us the credibility we need. We've only scratched the surface & now we want to pull back the veil & reveal the real contents of this 12 sq. mile property.
Tremendous patience has been thus far exhibited by long shareholders - now in this pressure packed economic downturn, people are anxious & want action & relief - especially when we know the goods are there - we're only human after all!