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Gold/Mining/Energy : Greenstone (GRERF)
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To: Daytek77 who wrote (65)8/15/1998 12:30:00 PM
From: todd wiseman  Read Replies (1) of 138
 
Tony, Thanks for your reply. I believe your correct in regards to the
price of oil. When it moves up the POG won't be far behind it.
As for GRE i think its in an over sold position. There would have to be something very wrong for this price. Once the annual report comes out things should settledown.
La libertad has really caught my intrest, its shaping up to be a real company maker. The super pit that GRE is talking about could provide many ozs for years to come.I have a call in to IR to find why they are
thinking about mining Santa Elena as a stand alone mine. By adding it to the supper pit the high grade gold would reduce the costs signifantly(SP).
Construction of a huge mine requires big dollars, BGO and PDG are going to have to spend aprox. 1.3 billion to get CC into production.
IF you or any one else has any thoughts on this i would like to hear
them.

Todd,
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