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Advancing the Independence Silver/Gold Project: Battle Mountain Nevada

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Message: Re: Hey, DISCHINO! Silverado Gold Mines.....

What they are in the "Totem pole" of smallest to largest gold co's is at the bottom because they are an explorer. Nothing wrong with that but investors that invest in SLGLF need to be certain of the risk level. In this case "Riskiest" of gold/silver stock investments ( i guess even more risk would be that of private investors holding ristricted shares), that these guys are looking for gold without having established a "viable" resource yet. Without getting into a long drawn out explantation Silverado has yet to prove they have anything. As compared to a company like GNMT who started off like Silverado, but has a proven resource now or what is called a 43-101 completed. Silverado is currently mapping from different types of sampling to determine where they should start drilling to see what they have and then other measures will be taken into account such as cost to mine the ore if they find it? General metals has completed several of these types of tests and determined they have a resource and it is a viable one. They're in the process of permting the mine and doing a feasibility study to determine which way would be best to mine the ore. If you own some I hope what they have found turns into a "Gold mine", pun intended! :>) mguru

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