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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: Tomato who wrote (1429)10/23/1998 1:52:00 PM
From: Sudhir Khanna  Read Replies (1) of 2251
 
Tomato,

Think of it as contingency - from both an engineering and a market perspective.

The economic study modeled the potential deposit on various ore values ($/tonne). This would be done as a sensitivity analysis to find out what is the minimum ore value needed to support an economic find that can pay itself back in less than X years. WSP probably chose to highlight the $400/tonne value scenario in the news release to establish reasonable market expectations.

Sincerely,
Sudhir Khanna, P.Eng.
Editor, The RESOURCE INDICATOR
goldsheet.simplenet.com

__ Performance Watch ________________________________

August 1, 1998 (initiation date) to October 20, 1998

Resource Indicator Index: ........... +17%
TSE 300: ........................... -15%
VSE Index: ......................... -21%
VSE Mining Index: .................. -18%
DJIA (Dow): ........................ -3%
NASDAQ: ............................ -11%
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