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Gold/Mining/Energy : Silver prices

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To: bistineau_la who wrote (495)2/3/1998 4:38:00 PM
From: Ron Struthers  Read Replies (1) of 8010
 
<<Anyone tracking Avino Silver?>>

Hello Julius, I follow ASM. They have completly refurbished the Avino mine in 1997. This will make it more profitable. Currently cash flow is going to explore the newly aquired Coneto mine, nearby in Mexico

A past big silver producer. They have refurbished the mill at Coneto and as soon as more reserves are proved up they will begin mining.

I believe they are near 1M ozs. now. I expect ASM will be producing from 2 mines sometime in 1998. Should be good timing for rising silver prices

Ron
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