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Strategies & Market Trends : the times they are a-changin'

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To: The Vet who wrote (57)	2/12/2002 11:07:22 AM
From: tyc:>	Read Replies (1) of 145

Hi vet; Why are my early morning posts so unreliable ! This is what I read in the memo dated January 11th: ".... Under the arrangements with the GESL Partnership, Taseko has an exclusive right to acquire the GESL Partnership business for 2.17 million ....." But GESL means "Gibraltar Engineering Services" It is "G" ESL not "C" ESL ! Duh ! The Fish Lake deposit has 1 billion tonnes of .41 g/tonne AU, and .24% CU. The gold price in Canada this morning (Sisko) is C$15.32 per gram. So gold content is C$6.25. .24% cu implies 5lb cu per tonne, C$5.80 per tonne. So is it a gold mine or a copper mine ? (It's interesting that gross values amount to as much as C$12 per tonne at today's metal prices.) I still haven't compared this with Bristas ! Are they not similar ? Isn't Bristas copper/gold too?

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