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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

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To: Mr. L. Neufeldt who wrote (250)3/5/2000 8:33:00 PM
From: Steve Johnston  Read Replies (1) of 350
 
Moving the mining equipment from the Golden Bear to Red Mountain is certainly a viable option. Another is to truck the ore to a nearby mill, which is currently "moth balled". This is under consideration, as well. The advantage to this latter option, is that Wheaton could "dress up" the Golden Bear, complete with a mill, and sell the property to some junior, thereby generating some cash to offset the clean up costs they must incur to close down the heap leach operation. Regards.
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