Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (2362)	3/12/2002 11:41:31 PM
From: Claude Cormier	of 39344

Hello Russ, Your are in one of my former favorites. We suggested way back in 1996 and in 98 again... but then came in the slump in base metals and the problem with the town. Here is an old chart from my site: ormetal.com I remember debating this issue with Eliz who said that the town was a problem. She was right. It has been a problem since then. But all over the years, I've remained optimistic that MAN would eventually succeed gathering a consensus from the locals. Will they succeed? I don't know. It has been a major challenge. I know this story very well. And yes this is a major VMS district. TG-1 is the only anomaly that is economical at current metal prices, I think. But the longer term potential is exceptional with somewhat higher zinc and copper prices and the good odds of discovering more VMS deposits. The infrastructure is indeed great! Don't know when it will be the good time to buy, but I am still watching this one for when the next up cycle in base metals starts or when the good news comes in.

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