Stealth Mining Corp. [SAL:ASE] Message Board

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Gold/Mining/Energy : Stealth Mining Corp. [SAL:ASE]

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To: Hutch who wrote (33)	6/26/1997 8:22:00 PM
From: Leigh McBain	of 130

The calculations shown in Post #33 have missed taking into consideration one crucial factor. That being - Is the grade level between Royal Oak (Kemess mine) and Stealth comparable? If it is then using a comparable cost per oz. for production has some validity. If however the quantity of gold/copper per ton is not comparable, then the production cost per oz. will NOT be comparable either. I have not, as of yet, looked at the Kemess assays, but this factor is very important to the calculations provided. Salut, Leigh McBain

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