International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Richard Mazzarella who wrote (23230)	10/25/1997 3:21:00 PM
From: Chuca Marsh	Read Replies (1) of 35569

<<<..weakness in gold will bother any of the dirt's since the expected extraction cost is just a fraction..>> I just read some Gold Monitor Thread that said that the majic number is at $150.00 an ounce for production. Maxam and the desert dirts should be well lower than the comparable structure of production at standard golds (oldtechs-generally), that we might have invested in the correct balance between oldtech and these... NEWTECH. Chuca P.S.- Let there be news, IPM first; then -Maxam and all the others. P.S.S.- Reserve and probable calculations - NOTWITHSTANDING!!! ( Goaheadmakemyweek,dothatTOO-IPM)

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