Golden Arch Resources---GAI.V Message Board

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Gold/Mining/Energy : Golden Arch Resources---GAI.V

GAI 8.800

0.0%

Mar 22 5:00 PM EST

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To: andre dallaire who wrote (244)	12/11/1997 12:50:00 AM
From: JR.	Read Replies (2) of 359

Check the news release put out by Roper Resources back in June of this year. They claim that gai and svv share 40783 tons of replacement reserves grading 0.356 oz/t gold, 8.65 oz/t silver, 10.92% lead and 12.55% zinc.They claim to have 3000 tons of ore stockpiled ore.They also have a mill within 30 miles of the Abbott mine. The price of silver has made a significant move upward and the other base metals at these concentrations would seem to be profitable to mine. The Abbott mine seems to be a rather significant asset that has been on the back burner too long. Any thougths? Cheers, JR.

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