Re: Big Bang Theory
in response to
by
posted on
Jan 04, 2011 12:04AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Hi rawkstar, it may take until 2012 to sell the Tesoro, but IMO, it probably will be sold or at least a bid will appear before that time. In what I post here, my objective is to show people the potential I see for a huge sp and why. It seems to me that the $100 share price is possible if gone about it right and I wouldnt doubt, that its being worked on hard now.
IMO, the new 12000 acres could become another company on its own to be sold quickly. We have so much data from the Tesoro that I feel we could almost go in and drill the new property now, without proper sampling. It appears the system feeding the Tesoro and surrounding area is huge and the work done on the Tesoro could/should be readily applied to the surrounding areas because of the similar (if not same) geology.
I will agree, patience is the thing here, and this will surely pay off BIG when it does. For the last couple hours, I have been doing some more research (yes again!) and comparing SLI to another deposit. I was comparing the size and the grade of a deposit to what we may have. This is not a great deposit comparison because of the type, geology and mineralization are different than the Tesoro, but i can use the numbers.
What I was looking at was a gold/copper epithermal porphyry system. The numbers I will use in this comparison are not exact but relatively close and can be relied on to the conservative side. The size of this deposit is roughly 1200m x 1200m x 1000m (about a 12th the size of the Tesoro) It contains over 20 million ounces of gold with an average grade of less than 1 g/t. This deposit was drilled with many holes and I beleive the highest grade intercept of gold may have been approx 1.5 g/t. (exeter resource)
So, what I am getting at is, this proves to me that the fantastic numbers that a couple of us have been throwing on the board, has a high probability of being factual down the road. I also beleive this comparison I just did will add credence to BOW,S previous numbers.
I,m sorry if it appears that I am pumping, but all my research keeps coming out that way. I dont beleive I am biased, its just that I cant find the negatives and like to post my findings for other people to opine. If I,m wearing rose colored glasses, I want someone to knock them off my face.