Below is a repost from a little over a year ago that I made when we were discussing narrow veins. Before reposting I did underline one sentence for emphasis. I did not find that the statements the Company made regarding "mineable widths"were misleading. However, I can see how the statement could be so. I am not defending the Company for the shine has gone off the Hercules Play for me as well. The resource estimate only came in a little over a half of what I was expecting.
I never had much faith in their uranium plays but will stay in as the shares I owned are in my RRSP but I am not depending on them for my retirement.
cheers
killick
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Narrow Veins
posted on Mar 14, 09 05:36AM
I am no expert either but I do have two brother in laws who between them have more than 55 years of underground gold mining experience. I never miss an opportunity to pick their brains. I spent several hours this past summer reviewing with them the results so far as we know them from the KXL's Golden Mile and SGX's adjacent property. They both feel that the area has good potential. They both concur that the vein widths are mineable if enough of them are in close proximity. Once underground the drillers work closely with company geologist to determine on an ongoing basis what veins to follow and directions to go.
Their collective experience is in the Yellowknife NWT and Snowlake, Man gold camps.
cheers
killick
