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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: Tomato who wrote (991)6/30/1998 12:04:00 AM
From: VAUGHN  Read Replies (1) of 2251
 
Hello Tomato

I do not deny that as that is always a possibility, although I have doubts a major would bother with such an apparently small deposit with a short mine life. In my opinion, it is more likely a medium producer with deep pockets and patience, who would consider picking up the property at a bargain, but again, ore volume remains the key.

Lots of nice little 1 to 2 million oz gold mines operate around Canada but they are generally located where there is infrastructure and costs are lower. The majors not always, but generally look for elephants. With sufficient ore, this dyke would be not too different from a small shear hosted or folded iron Au deposit, but like such a property, it will take $$ to prove up.

Good luck

PS. Thanks Walt
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