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Gold/Mining/Energy : Canuc Increases High Grade Gold Production in Ecuador
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To: Winzer who wrote (62)2/2/1998 9:44:00 PM
From: Joseph C. Goldenberg  Read Replies (2) of 493
 
I think Canuc will try to develop the mine..if they have the $.
I also think there will be a hunt for a new jv.
Placer could come back if prices rise but don't look for anything in the short run.
It seems that the 300+ pits on the property make sense if the gold is in fact in pipes and not veins.
Don't spend your profits just yet.
Bottom fishing? Is the property worth 6,000,000? That's what the market is saying @ .15
Cheers.
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