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Gold/Mining/Energy : Consolidated Silver Tusk Mines Ltd.
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To: Brian MacDonald who wrote (2186)6/23/2000 12:15:00 PM
From: andrew r harwood   of 2229
 
sometimes its hard to see the wood for the trees.what we have here is a stock trading for 20 cents with probably at least 1 million ounces of gold in the ground plus other valuable minerals.the minerals are readily accessible and the production price is going to be very low .they now have the money to proceed with production and presumably will make money to at least partially pay off the loan with the profits from production .sounds pretty good to me for a penny stock . many penny stocks are trading for more than cks with no current prospect for production.now admitedly there have been many false starts over tyhe last few years but it does appear that they have finally turned the corner to production and profitabilty .with the current price of the stock the whole company is only valued in the -4-8 million canadian range .very cheap in my opinion considering their prospects but certainly not for widows and orphans
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