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Gold/Mining/Energy : Madsen Gold: Production in spring of 97!

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To: reg who wrote (12)6/30/1997 10:07:00 PM
From: reg   of 28
 
Got an update in the mail today. Producing at 360 tons per day, and bringing in a crusher to facilitate higher production. Any one else see the latest quarter drilling results? Care to comment on the grades? Need to get some high grade ore through the mill and boost production that way. If they can do this the extra cash flow could be used to eliminate debt sooner and increase financial strength in the event of further slumps in the price of gold.
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