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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Ptaskmaster who started this subject7/12/2001 9:53:37 AM
From: russwinter   of 4051
 
Sons of Gwalia (Aust.): Production: 414K. Gwalia is not really an accelerated seller in the traditional Aussie sense, they are a put buyer. Numbers are based on an annual from 6/30/00. I could not find the basis for the reserves anywhere. Spent $7 million on exploration 6/99-6/00. Probably should wait a few months for update, but I'm impatient to get through this. There are worse companies.

The "marginally" Good: these two mines might survive the decade.
Gwalia: 132K 2 c.c 185, 950k reserves, they are some good high grade targets below the pit that may keep this mine alive.
Marvel Loch: 143K @ c.c 181, 1,040,000 reserves, with a good satellite target being explored.

The Bad and the Ugly:
Yilgarn Star: 72K @ c.c 200, 270K takes to 2003, only small additions.
Bullfinch: 67K @ 126 is depleted.
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