United Keno Hill, UKH, Toronto**** Opportunity Knocks! Message Board

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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: igor who wrote (996)	6/24/1998 2:41:00 PM
From: Harry K	of 1348

This was their previous, old style of mining, and due to the high grade of the ore, it was profitable. Sounds like it may be under consideration again if financing is hard to come by - they may do it to raise the money THAT way. I'm not sure what would be involved in switching over from this to current mining methods. Actually, if this option were considered, the stock should move even more, since less debt or dilution would occur at the outset anyway ... I note that other silver miners, like Avino Silver & Gold Mines (ASM-V), Silver Standard (SSO-V), and Pan American Silver (PAA-T), are down even as silver itself remains in the $5.00 -> $5.35 range [currently around $5.24 ...], but they may have also been affected by Gold's drop of ~ $2.00 around noon today ... Stay tuned as I dig into this ... H.K.

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