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

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To: Mark Bartlett who wrote (3616)9/2/1999 5:52:00 PM
From: Claude Cormier  Read Replies (2) of 4504
 
<<I hope they extend the drilling on the oxide gold cap soon, on TG1 - seems there is decent promise there and the more that is "easy picking", >>

You can bet that this is one of MAN's top priority. The resource now stands at some 1.7M+ ounces of gold equivalent and, IMO, is the key to a positive feasibility on TG-1. IT will pay for a lot more than the relocation of the town and the diversion of the river.

If this resource can grow to 3M ounces or so, I would not be surprised to see positive feasibility on this deposit way before we see it on the TG-1 sulphides.

So the only problem seems to be the willingness of the people of Tambo Grande to be relocated. I got some comments from a contact in Peru and MAN is simply doing everything right to please the locals and facilitate coming negotiations.

I think all this is extremely positive.
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