Yamana Resources INC. T- YRI Message Board

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Gold/Mining/Energy : Yamana Resources INC. T- YRI

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To: Greg W. Taylor who wrote (891)	2/18/1998 8:36:00 PM
From: Jon Matz	Read Replies (2) of 2346

Greg, not being a miner, I can't begin to calculate the minimum value of this claim. But it does appear that from your findings, there could easily be a minimum value known. The following quote is interesting, but not revealing. Richard Walters, Exec. VP and Yamana's COO, ''Based on current metal prices, we're looking at rock with a gross value of between US$100 and US$300 per tonne. There's little question in my mind that we've the makings of a low-cost, high-margin silver and lead mine. What's not yet clear is just how big it will be.'' What has been defined as minimum tonnage? Surely that isn't classified. Appreciate your effort, Jon

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