Re: New Article from proactiveinvestor.co... about St. Elias Mines
in response to
by
posted on
Mar 28, 2011 02:34PM
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
Hog, I am gonna show you a line I picked out of that.
They have been mined over a 2,000 meter strike length and to a depth of 1,000 meters are now under the control of Barrick Gold (NYSE: ABX).
I have seen the mention of Barrick in the Fuller report I just posted. Here it is:
SLI’s Tesoro property lies along the Acari district gold tend in the Nazca-Ocona gold belt in South West Peru, and sits between Dynacor’s [TSX.V – DNG] Rio Acari Project to the north, and Barricks’s new licence area immediately to the south. Adjoining the Barrick property, along this gold trend is an area of considerable indigenous miner activity, whose production is processed by the Dynacor mill to the north, and next to that, a privately owned Peruvian Gold mine, in production for some 30 years already.
I took the info about Barrick being there by us, as outdated. But now I am not sure.
Is it outdated info contained in BOTH of these descriptions, or is there some merit in this? I was looking at Barricks website and SEDAR documents last night, but could find no info on properties held beside us.
I am intrigued by this statement out of the Proactive article "and Barricks’s new licence area immediately to the south." The word "new"?