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RIO TINTO KENNECOTT 'BYPRODUCT" AND PROVEN RESERVES AT CARR FORK

robin steel 2 years ago in Website • updated by SA Jacob Maltz 2 years ago 2

THE FORMER ANACONDA MINE at Carr Fork bought by Kennecott from Atlantic Richfield, has a proven gold reserve of vast magnitude, that is classified as "by product", if mined.

Is it included in the financials that RIO is required to file?


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Hi Robin, The feedback section of the web site is really for technical questions and issues using the site or mobile apps.   For discussion on investment issues, please post comments on articles or stocktalks.

I have seen the core samples stored at the site, and the 330' high head frame is the only thing left of the brand new "supermine" that was built in 1986, operated for a short time, closed and scrapped, while the chain of ownership went from Atlantic Richfield, to Kennecott, to BP, to Exxon, to Rio Tinto, within a 10 year span...BHP Supposedly made a hostile takeover attempt, but so far it is still RIO, even though both are owned mostly by the same Big Oil oligarchs.  The "by product" from the adjacent open pit copper mine is huge, and most likely skimmed off to private vaults daily, but what do I know?  Only that it is reputed to be the "largest known deposit of micro gold on the planet, assaying out to 6-7 oz/ton and extending beyond the end of the core drilling that proved it"...

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Answered

Hi Robin, The feedback section of the web site is really for technical questions and issues using the site or mobile apps.   For discussion on investment issues, please post comments on articles or stocktalks.