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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Ceedee who wrote (2743)	3/27/2002 5:06:51 PM
From: Claude Cormier	Read Replies (1) of 39344

Ceedee, As a speculation, I like First Point. They had indeed some very good trenches. Past drill holes were not bad either. What I like is the geological nature of some section of their property. They call it a sinter zone, exactly like Glamis San Martin. I think that the ore from such zones can be put on leach pads without the need to go through a crusher. So you can recover gold from much lower grade and still get a very low cost. The grade at San Martin is sub 1.0 g/t. They also have at least one very high grade zone. Certainly a story to follow. Drilling coming later this year.

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