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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD)

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To: Sam who wrote (131)10/1/1999 12:17:00 AM
From: Claude Cormier  Read Replies (1) of 393
 
CBD has continued to developed Meliadine and Meadowbank.

They now have 3.3M ounces of gold almost proven in two deposits... this stuff will be mineable at costs between $125 and $160.

With partners WMC they continue to discover potential new deposit on their new gold belt.

A must hold on my opinion, with very high leverage. Selling for $7/ounces in the ground.

Here is something on CBD:

gold-eagle.com

CBD also owns 10% in Eurozinc.
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