International Precious Metals (IPMCF) Message Board

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

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To: Bruno who wrote (24254)	11/4/1997 11:16:00 AM
From: Claude Cormier	Read Replies (4) of 35569

<< If it is 0.15 as you have suggested...........$8 max by Christmas?>> If we get consistency at .15 on several bulk samples, we will be able to extrapolate a possible 9 million ounces or so on the 1st km to a depth of 100 feet. That is assuming the bulk samples are well distibuted on the 1st grid and representative. Given the current market mood and unproven economic, the current price would seems to be fair.

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