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Gold/Mining/Energy : Manhattan Minerals (MAN.T)
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To: Elizabeth Andrews who wrote (4087)4/16/2000 7:59:00 PM
From: Claude Cormier  Read Replies (1) of 4504
 
Eliz,

Again. I think you do not realized that the gold cap will have a very low CAPEX and will produce gold at US$75 per ounce and less. This will give huge cash flow that will pay for the so-called infrastructure and town removal.

Do the maths on a 1.5M ounces of gold deposit with a small strip ratio that will be mined at 300,000/ year for 5 years.
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