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Gold/Mining/Energy : Canmine resources
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To: dave brown who wrote (1748)8/21/1999 6:40:00 PM
From: Marshhawk  Read Replies (2) of 2769
 
Dave, thanks again. The only area of expertise I have in regard to mining is pneumoconioses.

I'm intrigued by the overhead issue. My understanding is that Ted has been making something like 45k CDN/pa for years. If they were "padding" expenses wouldn't it show up in higher salaries?

Also, what of their point that since they are going into production, they are not a junior but an intermediate? [or an intermediate wannabe]?

Cobatec reminds me of the old Grateful Dead lyric: one man gathers what another man spills.

Writing naked puts on Inco seems a good idea,unless there is some technical pullback.

do you have any feel for what's going on in Russia? I'm reminded of Churchill's statement about Russia being a riddle wrapped in an enigma. All of the discussion last year during the laterite business "assumed constant production from Russia of approx 200 kt." Would appreciate your insight.

Hope for my sake that I'm right on CMR risk/reward ratio.

Yours
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