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Gold/Mining/Energy : Clear Creek Resources - CK/VSE

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To: Maple Leaf who wrote (85)	3/26/1998 4:39:00 PM
From: Natedog	Read Replies (1) of 150

Thanks Maple Leaf............................................>> I'm still waiting for the official news before I crunch my final numbers on the Good Hope.. An initial look suggest that it will be a producer just like all the other mines in the area. The Land and Intertidal zones should provide easy start up at low cost. I'm still working on my cost of capital numbers for the mine and the cash flows for when it becomes a producer but its tough to do without hard data. Depending on how fast Wade wants to put it into production, CK's bottom line could move up nicely on the initial news....Hopefully Ricks prediction of Good Hope news fruitfully comes true soon, with great the grads that we need!?......Postma is the blue sky here and is CK's ticket to instant success. $3-4 does not seem unreasonable for Ck if they have a hit. Do they....? and we wait.......Your comments would be appreciated Maple Leaf and welcome to Si.... Regards..Nathan PS..Looks like MEO does not have kimberlite and all those diamond hungry speculators will have their eyes on us now..... all the better .....cheers

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