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Gold/Mining/Energy : Alta Gold

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To: Francois H. Gaston who wrote (578)	4/19/1998 1:14:00 PM
From: hoopsville	Read Replies (1) of 749

Read parts of the 3/31/98 10K for Alta Gold for a good discussion of the company and present situation. sec.gov I see it costs them about $270 (total cost including depletion) per ounce to produce gold. Depletion and depreciation, which are non-cash costs, amount to $62 an ounce so they can be cash flow positive on production next year down to gold price around $208. from a Yahoo Post quoting Margo Bergeson at Alta Gold Co. on 4-14-98 No, we have no bad news. We're just waiting, like you. As soon as we hear anything on the ROD, we will send out a press release. I know it's difficult, it is for us too! Be patient! Don't hesitate to call me with your questions or requests at (702) 433-8525. Thanks for all your support. Margo

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