Waseco Resources Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Waseco Resources Inc.

WSCO 1.010

-32.7%

Dec 31 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan P who wrote ()	10/31/1997 10:32:00 AM
From: CIMA	of 60

Summary details of the positive final feasibility study: Recommendation - That the company proceed with the financing and development of the Tewah alluvial project even at current gold prices - long-life, low cost producer at an estimated US$158/oz cash cost - approx. 750,000 ozs in the river gravels, 15 year mining life - $13.65 million capital cost Waseco has earned a 60% interest in this project and a 60% interest in the terrace resource which is estimated to contain an additional 2.4 million oz. The company is seeking firm quotes on a new dredge while continuing its search for an existing dredge. Diadem's percentage ownership in Waseco increases to approx. 47%.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next