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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Claude Cormier who wrote (375)7/25/2000 12:25:00 AM
From: goldsheet  Read Replies (3) of 4051
 
Received 1999 Aurizon annual report today, very impressive.
Produced 60,162 ounces, cash cost $217, total cost $255
EPS=.08, cash flow=$0.16
Mineable reserves 1.726Moz, resources of 1.087Moz

For a $C.80 stock, market cap of $C 32M, it look interesting.
I think they got a *GREAT* deal on Casa Berardi.
$2M upfront, $4M by August 2001, and a 2-4%NSR capped at $10M.
Nothing like finding a new zone (1.3Moz mineable) on a proven property than has a 2200tpd mill included.

AURIZON ANNOUNCES RESULTS OF POSITIVE FEASIBILITY STUDY AT CASA BERARDI
aurizon.com
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