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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V]
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To: Terry J. Crebs who wrote (783)12/8/1999 8:56:00 PM
From: nickel61  Read Replies (1) of 1615
 
I have one follow-up question. The press release from Inco on the Ryan's Pond discovery mentioned that the new discovery was about 1500 meters deep and appeared to not extend to the north toward the Ovoid. It was stated however, that it was still open to all other directions. Is there the possibility that this deposit might come closer to surface? Or is that unlikely do to the nature of the geology in the area? Thank you for your information on the correct definition of the 150 million tonnes of resources,and the background on the Ovoid calculation. It is not clear to me how much the economic value of the Voisey Bay property is being compromised by the emerging economics of the laterite producers in Austrailia. Have you got any insight into this situation? Thanks.
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