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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: charred who wrote (13889)10/14/2000 4:07:49 PM
From: Claude Cormier  Read Replies (1) of 14627
 
<<As I said above, I don't like the deal that NDE has with the Peruivan group. Very expensive.>>

Considering everything, I don't think the deal is that expensive. Not cheap for sure... But the cost of discovering ounces at Antana is likely to be extremely low (like it has been at Alamo Dorado) thanks to topography, type of deposit, continuity of the ore and last but not least infrastructure.
So NDE will end up with a total discovery/acquision costs that will be only slightly above the average which is near $10 I believe.
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