CUMBERLAND RESOURCES (CBD) Message Board

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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD)

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To: russwinter who wrote (177)	6/1/2000 10:05:00 AM
From: Claude Cormier	Read Replies (1) of 393

<< this sure helps does it not!>> May be not short term... but over the long term it will show that CBD has a whole gold district in its hand. << Is it economical to truck this stuff to the main area for processing?>> All depends on the type of processing. If it is milling, yes probably. If heap leaching, I see no reason not to have pads nearby. <<What do you make of the bonanza silver intercepts?>> Very promising... But they are over very short intercepts. It will depends on how deep this system goes. The strike is alreay 500m so we could have something real meaningful here. CBD has market cap of US$20M or so.... cheap cheap for all they have. Unfortunately with gold need to be higher for a better IRR on Meadowbank. Meliadine will likely be another story. A miner to accumulate.

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