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Strategies & Market Trends : Ride the Tiger with CD

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To: russet who wrote (56527)	7/6/2006 6:07:05 PM
From: Claude Cormier	Read Replies (2) of 313075

Yes grades could be dropping to the North, but it is to early to tell. We never know the shape and gold distribution of a deposit until it is drilled. What is sure is that there is not enough info to conclude. 5 millions ounces appears to be a minimum with the info released today... But I would not bet on anything here. So assuming 5M ounces of av. 8/g/t gold... I don't think ARU deserves to move lower.

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