Re: Gold and Antimony Prices Rally: Stocks in the News

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3x10e6

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Re: Gold and Antimony Prices Rally: Stocks in the News

in response to

Gold and Antimony Prices Rally: Stocks in the News

GRIM REAPER

posted on Sep 15, 2010 12:09PM

Unfortunately, this article missed mentioning that in addition to having "Inferred" category resources, we have far more in "Probable" category resources (and some in "Indicated" category);

"Investors continue to take notice of gold stocks as trends continue to favor this sector. In particular, we continue to cover Silverado Gold Mines Ltd (OTCBB: SLGLF) who owns properties in Alaska where they have discovered significant inferred gold and antimony."

Documented:

Reserve Category	Quantity Ore (tons)	% Sb	Metal (tons Sb) @95% Recovery	Value/Ton Sb	Grade (Toz Au/ton)	Metal (Toz Au) @ 90% Recovery
1/7/2010, Probable	42,412.0	28.00%	11281.6	$9,500	0.408	15573.7
1/7/2010, Indicated	12,039.0	20.02%	2289.7	$9,500	0.236	2557.1
1/7/2010, Inferred	34,206.0	14.92%	4848.4	$9,500	0.357	10990.4
Total Jan, 2010	88,657.0		18,419.6		0.33	29,121.2

....

Big mistake in article. Sad.

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