$500+ GOLD...What Au Companies Will Skyrocket? Message Board

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Gold/Mining/Energy : $500+ GOLD...What Au Companies Will Skyrocket?

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To: SwampDogg who wrote (2)	10/23/1999 11:49:00 PM
From: Bat Man	Read Replies (1) of 43

GSL, with about $8 million in the bank and has just completed their '99 drill program, They never miss on any of their drill holes. They have about 9000 hectares on a 100 % owned property, Kinross owns 20.6 % of the shares. There are approx 49 million shares out F/D. Cost of production will be between $117 and $134 per ounce.heap/leach. On their last resource calculation they have about 7.3 million oz/eq. A new resource calculation will be out about the middle of November. I expect there to be 10 M oz/eq or more. The downside on this one is it is located in Colombia and Research Capital owns quite a few shares and seems to want to get rid of them every time the price tries to increase. I don't know of any junior with a larger find then this one and only about 25 - 30% of the property has been explored.http://www.greystarresources.com/index.html Elmer

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