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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: TheBusDriver who wrote (2373)6/21/1999 10:03:00 AM
From: Claude Cormier  Read Replies (2) of 4504
 
<<I don't think the share price will be driven that much by the gold in the sulfides>>

Hmmm!! I wouldn't say that Waynee.

What is the sulides contains...say 2-3 g/t gold instead of 5 g/t we have in the cap. This could mean as much as 2.5M to 4M ounces of gold to add to the big picture... I would then rise my target from $6-$7 to $8.5-$11... What if they get 60M tons of that stuff instead of 42M tons... target becomes $12-$16.

The gold in the sulfides could have major implications... Of vourse we can end up with only 1 g/t or much below....

CC

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