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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Claude Cormier who wrote (900)12/15/2001 10:07:13 AM
From: marynell  Read Replies (1) of 39344
 
"Amec are the same people doing BAY feasibility. Both works ending in March 2002."

Claude, I own a lot of BAY, and one thing that bothers me is the low recovery rate in their metallugy. That, combined with the low grade of the deposit, leaves little room for error. I know that the prefeasibility study predicts extremely low cash costs, but it is strange that such low grade and low recovery is so cheap.

Let us hope that there are no surprises when the full feasibility study is published.
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