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Gold/Mining/Energy : Stealth Mining Corp. [SAL:ASE]

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To: Leigh McBain who wrote (103)10/24/1997 7:39:00 PM
From: StockPro  Read Replies (1) of 130
 
Leigh, agree with most of what you say ... but quoting again from the news release ... they seem to be hinting very strongly at what one might expect their production costs to be. Doesn't seem all that bad to me.

(edited for brevity)

The Pine property is a contiguous block of 660 mineral claims ... in Northern BC in the southern part of the Toodoggone gold district. Royal Oak's Kemess mine ... with production scheduled to commence in the second quarter of 1998, is 8km to the south. Royal Oak estimates Kemess' ... production ... with a cash cost of approximately US$79 per ounce (copper to be credited against operating costs of US$1 per pound).
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