Int'l Freegold Mineral Development Inc./ITF/VSE Message Board

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Gold/Mining/Energy : Int'l Freegold Mineral Development Inc./ITF/VSE

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To: Robert Douglas Hickey who wrote (60)	5/12/1997 8:13:00 PM
From: TrueScouse	of 298

Glad to see a post -- even if it is from Investor Relations <g>. I am surprised at the lack of activity on this thread given the upcoming Almaden feasibility study. It's good to know that the first draft has been delivered on schedule. It would seem to me that the option on the Almaden deposit (which if I remember has about 1 million oz Au in the proven/probable categories) should more than justify the current price and that the downside risk is therefore quite limited. Meanwhile, IMO there is potential for a lot of upside from the Alaska property. BTW, are you able to confirm yet that the recovery rate at Almaden will be at least 70%, as previous tests have suggested? In fact, has this already been confirmed, or do we have to wait for the final version of the study? Regards, Howy

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