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Strategies & Market Trends : the times they are a-changin'

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To: marcos who wrote (28)4/27/2002 7:00:06 AM
From: tyc:>   of 145
 
In one of the earliest postings to this thread I mentioned Cusac Gold Mines; CQC-T

Message 17042331

I quote now from remarks in the quarterly report for the three months ended September 30,2001;

Overview;

"The depressed gold market continues to wreak havoc on junior gold mining stocks, and Cusac is no exception. However the management of the company has maintained an excellent underground mine, under care and maintenance, debt free and fully permitted. The mineral tenure of 100 sq miles of staked claims are still 90% intact. The mill is fully operational and can be put into service immediately. A price of $310 to $330/oz of gold is necessary to resume production."

I do not own the stock, it currently trades at ~.15c on Toronto. Perhaps it's worth some due-diligence.
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