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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.52-0.1%Nov 7 9:30 AM EST
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To: long-gone who wrote (86)5/5/1997 9:50:00 PM
From: Bruce Laur   of 300
 
Richard/Gary thanks for the info,I found a lot more information once I looked under tvi pacific. Not sure if you are aware of this but analysts quoted in the Globe and Mail were not very keen on the economics of this project even when using $375 gold and $0.90 copper. I think that could likely change quite a bit if they were to prove up some larger tonnage. It quoted an internal rate of return of between %3 and %5.
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