Franco & Euro Nevada FN , EN Message Board

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Gold/Mining/Energy : Franco & Euro Nevada FN , EN

FN 499.38

+2.0%

Feb 2 3:59 PM EST

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To: Claude Cormier who wrote (321)	10/2/1998 3:15:00 PM
From: Ronald Tammekand	of 658

I think that most of the exchanges outlawed the quoting of reserves in gold equivalent. What I'm really trying to say is that the recovery rates between Ag and Au are quite different. I'm sure that Cambior did a better sampling job than I did in my 1/2 day visit and I wish them lots of luck. Vueltas del Rio looks like it will be low cost and certainly has the reserves - all in gold as well. WSP has found a dyke with US$342pt material, which is much better than a vein containing an ounce of gold. So there is a lot of hope that they will make a Diamet. best, Ron

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