Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold) Message Board

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Gold/Mining/Energy : Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold)

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To: ELP who wrote (148)	6/16/2000 10:38:00 PM
From: russwinter	Read Replies (1) of 317

Recap of Robert Van Doorn's (Loewen) report written today: Resource calculation expected in early July. Van Doorn sees mult-million ounce deposit shaping up. Has one million estimate to date. Sees this as a takeover candidate. Likely buyers are Newmont, was previous owner has knowledge of the property. Has nearby spare milling capacity. FN, nearby Ken Synder synergy, similar ore body, has a royalty on Ivanhoe. PDG, synergy to new mill being built at Getchell. He's betting two to three million at $50/oz, as operating cost should be under $100. Takeout price $4.25 to $6.50.

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