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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: russwinter who wrote (260)	5/7/2000 3:03:00 PM
From: goldsheet	of 4051

My concern: Is the property more like the good Argentina properties to the south. Pascua, Veladaro, El Indio are all economic at current gold prices, along with low cash costs. - OR - more like the more marginal properties to the north in Chile (Refugio/Cerro Casale) Bema/Kinross have had lots of problems with Refugio, and Cerro Casale (PDG/AZS/BGO) doesn't have a chance at current gold prices. I need to look at it a little more. The soil samples don't mean much to me. The trench results March 16 are in ppm, which is not the "correct" way to report (IMHO) They reported 3ppm over 6 metres. Let's see 32,150 troy ounces in a metric tonnes, so 3ppm is .1 troy ounces. .1 opt or about 3gpt isn't a big number. (Pascua and El Indio are around .4opt) They need to get drill core samples, and report in ounces or grams per ton.

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