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Gold/Mining/Energy : Precious and Base Metal Investing

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To: goldsheet who wrote (37)10/11/2001 6:26:12 AM
From: d:oug  Read Replies (1) of 39344
 
Bob Johnson needs to be weaned off the Gold and Silver :o)

SI: StockTalk: Gold and Silver Mining Stocks
To:russwinter
From: Bob Johnson
Thursday, Oct 11, 2001

Couple of stocks with VERY good increases in reserves:

RESOLUTE LTD
The Board of Resolute Mining Limited announced today a significant
upgrade in the mining reserves at its Golden Pride mine in Tanzania
to 13.1 million tonnes grading 2.5g/t Au for 1,072,957 ounces.

This represents an increase of more than 500,000 ounces over the reserves
remaining at 30 June 2001 (5.8 million tonnes @ 2.91 g/t Au for 545,929 ounces).

flq.com.au

EQUIGOLD NL
The minable gold reserve has increased by in excess of 80% and at the current
mill throughput rate of 2.5 million tonnes per annum the mine life
of the project has increased for 18 years. This almost doubles the original
mine life of 10 years.
flq.com.au

eXtra

SI: StockTalk: GOLDEN PHOENIX MINERALS, GPXM
From: Robert J Mullenbach
Thursday, Oct 11, 2001

... web site has been updated,
golden-phoenix.com
I like the testing for Gold Flacks ( Flakes) ?

October 9, 2001
We have several very good leads on our Mineral Ridge reclamation bond
and feel confident that we will have it posted by the end of this quarter.

We continue to upgrade our facilities at the mine and will have the operation
ready to go when the agencies are happy.

We published a press release today, which reported...
... found some small flacks of gold in the concentrate.

Assay results should be completed in about 5 days.

the-privateer.com

From: M Veit
Thursday, Oct 11, 2001

<<Mike completed a metallurgical study today at the mine
with Gene McClelland of McClelland Labs.>>

I wonder whether this is a "chain of custody" study to verify
that the ore is indeed amenable to gravity concentration.

Such proof would raise a few eyebrows and do the company
a world of good...

"In other news... for gold recovery would be effective for
the higher grade Donlin Creek ores.''

biz.yahoo.com

<<found some small flacks of gold >>

Maybe so much heavy stuff was bouncing out of the bowl
that flack jackets were needed <G>.
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