Then notice the response. LOL!!! GOLD MINING SHARES TO ADVANCE MANY HUNDRED PERCENTS
Jim Sinclair, "The Rig Is Up"

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Silverado Gold Mines says they are seeking financing, if they can land a deal to get Workman's Bench tunnel up and producing, they will be way ahead of the majority of other Jr companies who are chasing after gold dust per ton. The naked shorts would be in real financial trouble, and this is why http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=116361
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Thanks to the revelation brought to the world regarding the paper gold fraud, certain gold shares will now advance by many hundred percents. Some are likely ten baggers like in the 1980s.

Good growing intermediate tier producing gold shares will lead gold majors, gold and all equities now to new highs in its own unprecedented bull market as the successful short of gold share hedge funds sitting with huge shorts have become complacent. There is a new definition to the right gold companies. They are the holders of the real physical supply.

The biggest move in gold shares in the 1968 to 1980 gold market was after gold broke from $887.50 to $449. The recovery from $449 to $750 witnessed the gold shares moving up by many hundreds of percents. The same is going to happen now because there is no significant above ground supply of gold. It has been stolen or purchased over the past many years.

The big dirty secret is out. There is no gold.

The formula for profits in gold shares in order of significance are:

1. Mid tier producers or those moving into that position.
2. Located out of the reach of North America or Euroland.
3. Strict control of overhead.
4. HUGE COMFORTABLE SHORT POSITIONS.

If true as David C says, the RIG IS UP.

Keep in mind that the repository of physical gold is the intermediate sized producer with low production costs and run tight ships overhead wise. Something other than the way colonialist majors are run with no attention to the shareholder or their host countries.

Physical gold unimpeded by the paper scam can trade at prices that will set your hair on fire.

Sincerely,
Jim

THE RIG IS UP!!!!


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$146,433,600 GROSS PROFIT POTENTIAL for WORKMAN'S BENCH
I spent a few weeks putting together "The History of Nolan Creek, Silverado Gold Mines" and did some quick calculations without double checking formual and realized my mistake. The correct figure for the gross profit is $146,433,600

I did some simple math to get a rough estimate of the value for both Gold and Antimony from a small area of Workman's Bench. I used the Gold and Antimony values from Table 1.2 of the NI43-101 report http://www.sec.gov/Archives/edgar/data/731727/000106299309002024/exhibit99-1.htm

Probable Lode Reserve 42,412
Antimony 28%
Gold 17,300oz

Antimony Average Price $5lb
Gold Average Price $1,600oz
1 Ton = 2,000lb

.28 Antimony x 42,412ton = 11,875 x 2,000 = 23,750,720
23,750,720 x $5lb = $118,753,600 Antimony Value

17,300oz Gold x $1,600= $27,680,000 Gold Value

$118,753,600 Antimony + $27,680,000 Gold = $146,433,600 Gross Profit

I think the production cost is around $500/ton, I will let you do the math to figure the net profit.

Its obvious to me that the company has only begun to scratch the surface of the Nolan Creek property, so there is allot room for company drilling to discover how deep and how long these Gold-Antimony veins extend.

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