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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)

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To: rulm who wrote (983)4/24/2000 4:26:00 PM
From: Brian Fowler  Read Replies (1) of 1321
 
Sorry guys, but even if they do prove up 5M oz, they will fall FAR SHY of the Hemlo deposit. As of Dec.'99, the Hemlo deposit has cranked out 15.2M ounces of the yellow stuff. AND, the deposit is estimated to have a minimum of 9.5M drill indicated ounces of ore in the ground, including Franco's ore. So....let's not get too carried away here.

I will concede that the first few drill holes look VERY, VERY good. If they can keep cranking out those widths and grades, it certainly won't take long to build ounces. Time will tell eh?..........

Brian
Hemlo Prospector
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