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Gold/Mining/Energy : Silver prices

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To: Richard Mazzarella who wrote (2500)1/24/2000 1:06:00 PM
From: goldsheet  Read Replies (1) of 8010
 
Taseko has also been working the Prosperity Copper-Gold project for about a decade. They did a great job delineating the resource, going to investment conferences to get the word out, and the stock peaked near $US15 in 1994. The difficult investment climate in BC along with lower prices has put the project on hold.

There is a lot of gold and silver there, but neither ore is high grade, the copper runs .25%, gold 0.5gpt, so I think they need good prices on both metals to make it viable.

My only concern is that HD has always done a great job of bringing properties to the devlopment stage then selling them out to a larger firm. I don't recall them ever managing a producing mine.
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