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Gold/Mining/Energy : Exploratory Mining Companies getting ready to EXPLODE
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To: Kramer who wrote (35)7/1/1998 2:59:00 PM
From: Robert  Read Replies (1) of 99
 
Hi Kramer,

The symbol is IGCO and from what I understand it will be an open pit mine. One thing you need to consider is that these guys are not chasin veins. They are drilling 800' on center and gettin gold from the surface all the way down. They have yet to punch through, so theres no telling how far down it goes. The area of claims there working in now represents approximately 500 million tons of ore. If they were to process 50 thousand tons a day this area alone would take approximately 26 years to complete. And from there news release you can see that this area represents only about 8% of there total claims.

If you are interested in IGCO I would highly suggest you give Marcus Johnson a call @ 800-209-2260. He heads up investor relations for the company.

Robert....
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