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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Stephen O who wrote (1505)	6/28/2001 5:40:59 PM
From: russwinter	Read Replies (1) of 4051

BHK is not a bad value at all. But 267,000 contained ounces (92,000 hedged at 270) left at El Limon @ 156 cash cost, and the NEM exploration just isn't as impressive IMO as what FWR has done at Clarence Stream at this stage. I can smell at least five times the deposit size at half the cost. FWR has a facility (that will need some work) on site as well. From web site (CS has been running about 9 grams in this continuous zone): "Clarence Ridge mineralization displays a number of lithological, geochemical, trace element and calc silicate alteration attributes common to such prominent gold skarns such as Fortitude in Nevada (10.3 MT at 6.9 g/t Au) and Crown Jewel in Washington (7.3 MT at 5.6 g/t Au)."

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