MIRANDA--MAD ON VSE Message Board

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Gold/Mining/Energy : MIRANDA--MAD ON VSE

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To: Bill Jackson who wrote (232)	11/11/1997 7:33:00 AM
From: David R. Schaller	Read Replies (2) of 462

Bill, Agreed... the best results are sub-economic. .02oz/ton would require 50 tons @ $10/ton to process yielding one ounce costing $500 and worth $300. That said; do these results justify whacking 40% off the market cap? They did after all find something worth following up and have several other prospects working. I guess I'm assuming that this is the only bad news that leaked..hugh? Regards, "The Market Timer"

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