LDR 4.40% 8.7¢ lode resources ltd

Gee I hope I'm not the "naysayer".This deposit historically had...

  1. 783 Posts.
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    Gee I hope I'm not the "naysayer".

    This deposit historically had some very good grades. Mined tonnages were low. The old timers DID have problems with metallurgy, discarding much sphalerite rich ore (they were after the lead and silver), which has helped create the issues I quoted above. Modern mining and metallurgical techniques may help out on those two potential issues, but 'complex' ore, with deleterious elements As, Sb, Cd, Bi can be a real problem to process.

    The recent core does look damn good, but I don't give much of a toss about visual estimates.

    Will watch very closely, with eyes wide open on potential issues.

    A billion dollars worth of zinc is worth nothing if its going to cost a billion to find, mine, and process it.

    GLTAH
 
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