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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Doug Casey's "8 P's of Resource Stock Evaluation"

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englishchris

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Re: GWTW, One More Factoid to Consider When Figuring Explorers That Become Mines:

in response to Re: GWTW, One More Factoid to Consider When Figuring Explorers That Become Mines: by BAIRES2

posted on Nov 18, 09 09:43AM

It's a basic point, but an important one, the higher the gold price goes the easy it is going to be to finance this, or any other, gold mine. Far more important than proving more ounces.

If gold continues in this strong upward trend, the economics of a mine will be so compelling, the banks will be falling over themselves to make a loan. It becomes a no-brainer for them because the asset backing is so huge.

I hear the Canadian banking system is still solvent as well, so that has to help. The odds are looking better every day.

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