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Gold/Mining/Energy : BET YOUR ASSAY - Mining Terms Explained
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To: Tim Hall who wrote (446)5/26/1998 5:32:00 PM
From: Al Cern   of 463
 
thall,

Thank you for that info. The mine plant number of $1.5m? Is that the cost of equipment and building for a 900tpd operation. Does it include all the necessary processes to recover the gold? I ask these questions because it seems relatively inexpensive.

I saw your posts on the LDMM thread. There sure is one unhappy camper posting there. I personally think that this co. is trading at a higher price than it should be. I spoke with management recently, and they said that the gold was free milling, which answered one question I had about the operation.

Sincerely,

Al Cern
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