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Gold/Mining/Energy : Davidson Tisdale Ltd, DDTS, Canadian Dealing Network
DDTS 21.08+0.1%Nov 3 2:44 PM EST

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To: Matt C. Austin who wrote (16)7/13/1997 9:41:00 AM
From: Bill Jackson   of 87
 
No web site; It does not operate because it would be ahigh cost producer. There are about 20 mines in Timmins that would become producers at $500 US per ounce. They all have different costs, reserves etc and will make break even at various prices. With Davidson the sunken capital cost of getting the reserves added to the $300 is around $340-370. So no-one will start it up. If they had 100 years reserves at $300 it would be operating now. It has a long skinny vein system, nuisance o mine.
Bill
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