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Message: Re: traps - remember this post??
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Aug 06, 2008 04:45AM
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SAN CITY ( E )
1/22/2008 1:53:50 PM | | 217 reads | Post #17857432
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San city is a great town to invest in and eventually will pay capital gains to all investor's .Sans shares can be donated to your charity of choice for face value of the day they are transferred and you will get the tax deduction off your income and the charity will enjoy the gain instead of the tax man.My little black book is forward projecting 6 months in the future as i believe most annalist invest on the upside potential.....Criteria -Tonnage factor 11.5 cubic ft/ton with a cutting factor of 1 oz /ton. ...Measured resource-vertical extension up to 50 ft above and below_No strike extension to open ground are included and this is what i will project into my calculations as i read from the news releases.....Indicated Resource--vertical extension of 50 ft beyond measured blocks,upto 50 ft along strike,and 75 ft vertical from drill holes.Again i will increase my measurements according to how i read the news release. Inferred Resource--Maxium vertical extension of 75 ft to favorable ground indicated blocks.E not sure if you understand cad drawings but if one applies these factors with future projections and use the Gcam maps such as page 183 of the 2004 report you can see another 5 huge veins just screaming to be found.Phase two will uncover what some might call a mother load.Phase one hit 33 holes with 63 intersections of significant value.---13 intersections with widths of 9 ft to 30 ft with grades from .16 to 1.46 oz /ton.---19 intersections with widths of 3ft to 100 ft and grades from .15 to.85 oz /ton.----- 9 intersections with widths of 3 ft to 20 ft with grades from .16 to .60 oz /ton..What i find of great significance is the number and size of the new veins discoverd.---17 intersections were classified as NEW discoveries,with widths from 4 ft to 32 ft with grades from .15 to .39 oz /ton.I followed the cut off factors for this area.The SAM UNIT 1s 50 ft to 600 ft thick and is 4 miles in length with 2 miles lies under Bissett and 2 miles to the EAST.This area i am factoring in is the main shaft area to a depth of 6000 ft.Lets not forget 2kil to the West and SGI and two and the latest release just blows me away.Hugh stated in the video that per sq. kil that SAN had more gold occurrences then any other company in Canada and Dale who i believe to be very conservative say he is looking for a couple of big finds.E... sharpen your pencil and invest in the future and not for today.SANs draw back if you want to call it a draw back is we only have 8 rigs running,time will prove our big numbers and please tell buggy boy to do his own trading rather then trying to phone his broker.Feng Shui East West,Traps7...Sorry gold dude
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