Manhattan Minerals (MAN.T) Message Board

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

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To: Mark Bartlett who wrote (3588)	8/31/1999 8:49:00 PM
From: Mark Bartlett	Read Replies (1) of 4504

All, Today Barry Copper from CIBC reported MAN as a strong buy - target price 10.00. Suggests that the gold cap at TG1 may double in size before the dust settles - with other gold caps potentially to be found. Further indicates that TG3 PLUS TG1 are economical with a mine life of 20 years. He estimates cash cost for gold cap at TG1 is less that 50/oz., producing 225,000 oz/year. As such the capital cost payback would be quick. Indicates that it has the potential to be a take-over target. Best to all, MB

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