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Gold/Mining/Energy : ECHARTERS
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To: Bill Jackson who wrote (2702)6/28/1998 7:00:00 PM
From: John Stokes  Read Replies (1) of 3744
 
Bill! This report is from Barringtons financial analysts and I will try that website address again. africandiamonds.com The
resource estimate is from the guinea gov't at 1.6 billion. The black
sand assay conducted by American assay labs reported .923 oz per ton au and 45.6% titanium. The company ALDM otc claims not to be seeking
further financing and is expected to operate from revenues so it looks like a lucrative setup. The only problem I see here is confirmation
of volume. How do they determine resource volume im Alluvial deposits?
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