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Gold/Mining/Energy : Madison Enterprise, MNP/VSE

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To: Elizabeth Andrews who wrote (261)4/27/2001 11:30:11 AM
From: Claude Cormier  Read Replies (2) of 285
 
Eliz,

I haven't done the same work you did. OTOH, Watts Griffis & McOuat are the people who did the resources calculations... I guess you know these guys and have heard about their excellent reputation.

Even if these resources are not economic now, it will be a different ball game when gold is $350 and more.

At $0.12... it is good low risk speculation on higher gold prices. Of course, if one is convince that gold will remain below $300 forever, then he should avoid MNP...
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