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Gold/Mining/Energy : Eldorado
ELD 33.19-0.4%Jun 14 5:00 PM EST
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To: Dennis Lefebvre who wrote (455)8/19/1999 2:38:00 PM
From: Philip Choy  Read Replies (2) of 527
 
Dennis, good news release to-day, but no one cares. If we take the mineralized zone to be 400m x 400m, depth 200m and averaging 1 gram per ton, we will have 32 million cubic meter or roughly 32 million ton of 1 gram near surface material. That is about 32 million gram of gold or 1 million oz+. The actual numbers are much better than my estimate. The resource should be at least double. NOBODY CARES. Regards/
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