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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TheSlowLane who wrote (36532)	12/6/2005 12:54:18 AM
From: TrueScouse	Read Replies (1) of 39344

Paul: Re. OZN. Interesting article on Gold Fields... mineweb.net It includes this little gem for those of us still holding Orezone: Another project in the pipeline is the Essakane project in Burkina Faso, where Gold Fields will get a 60% share if it completes a bankable feasibility study. Cockerill said on Monday that the mine could be a 350,000oz-400,000oz per annum producer, of which 210,000oz-240,000oz would be attributable to Gold Fields. ...According to Gold Fields’s annual report 2005, a new Pre-Feasibility Study resource model will be finalised by the end of this year for Essakane. The article goes on to say that Gold Fields will still be a few 100,000 oz short of its annual target. Seems to me that it's inevitable it'll buy out OZN's share. Wonder how much that'll be worth? Maybe CC has some thoughts on this? Best regards, Howy

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