Int'l Wayside Gold Mines Ltd (IWA-VSE) Message Board

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

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To: teevee who wrote (1148)	5/19/2000 1:14:00 PM
From: Claude Cormier	Read Replies (2) of 1321

teevee, I wouldn't go as far as to compare IWA to Ridell. The 1M ounces resource & reserves have been confirmed last year by a company named Geologic Systems Ltd. of New Westminster, B.C. I don't know them but they provided very detailed stuff in January 1999. The problem is that the numbers were uncut and several calculations were suggested at various cut-of grade. IOW, very preliminary numbers. They were supposed to calculate a mineable resource by putting a pit around the block model, as announced in January 1999. This calculation was to be used to produce a mineable reserve required for a feasibility study. Since the company suggested in early April that it was planning to go into production at 3000 tpd, this information is vital and must be released. This is what I haven't seen published and maybe this is what the CDNX wants.

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