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Gold/Mining/Energy : TRIVALENCE MINING

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To: DRT who started this subject	7/7/2000 2:54:06 PM
From: Phil Cressman	of 527

Previous operator in Aredor spend $180 million dollars in the early 1980's to build infrastructure and put in capital equipment. Virtually all this is in place and TMI either owns it outright or is paying a very reasonable lease payment for to the Government. To recreate what TMI has over there in today's dollars would of course cost a lot more. It's not hard to see why they are making money and expect to make a lot more as production is increased. Evidently a report on the Bulk sample and MPH's conclusions and recommendations is due out Monday morning before trading starts.

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