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Gold/Mining/Energy : BANDORE

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To: Y. Buffet who wrote (520)4/30/1997 6:41:00 PM
From: Stephan   of 1692
 
I'm new to this thread but have had BAN for quite some time now. Some talk earlier on about underground vs open pit mine. If memory serves me correctly, gold is worth US$150 in the ground for open pit mines. This being the case I calculate that the share could range anywhere from $9 - $25 CDN depending on the amount of gold (1-3 million oz).

Questions:
i/ Are my number's off the wall??

ii/ Has there been any official release stating even a guess
as to how many oz. they have? The talk has been 1-3 mil oz. but where are these numbers coming from? I guess my question is simply this: Has the potential of Band-Ore been exagerated by hopeful investors, or is there any substance to the 1-3 million oz claims?

Optimistically pessimitic?!

STEPH
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