Sorry about the delay! I'm reading an analysis report from T. HOARE & Co. with offices in Paris, Sidney and London (I GOT THE REPORT FROM DKT DATED 2-26-97 +request it+) Dakota Mining merger with USMX this past spring. DKT with 3 operating mines with gold reserves of 1.74 million oz and additional resources of 3.7 moz. Hedged 145,000 oz @ $410.000 Additionally, exploration portfolio in Mexico, Ecuador, Chile, Nevada, and Alaska. extimates for 1997=70,000 1998=140,000 1999=170,000 2000=170,000+ Appears growth continues with new mines in production and perhaps surprise announcements. (I HOPE POSITIVE)
Reported that they had a near term water problem at their Alaska mine that curtailed the estimates for this year. As far as I know this has been resolved with the production forcasts above in tact!
Call the company and get information. 303 573-1012 Like to hear things from your vantage point! |
