GOLDEN RULE (tse:GNU) Message Board

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Gold/Mining/Energy : GOLDEN RULE (tse:GNU)

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To: Peter Neidhardt who wrote (900)	10/29/1997 10:45:00 PM
From: Ryan	Read Replies (1) of 957

Who knows what the future holds but it sure seems like the market already believes that Stenpad is not an economic deposit. The price was in the two dollar range before Stenpad was ever 'discovered'. But given the fact the price of gold is in the toilet, the Komis mine is uneconomical at this price, and the future of Stenpad is in doubt there is little wonder the price is hovering near the dollar level. But....what if Northern Abitibi finds the big one, gold prices go up, economic gold at Stenpad really does exist. This company still has a future (maybe even a bright one) it will just take a lot longer than anyone figured a few months ago. -Ryan

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