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Gold/Mining/Energy : ECHARTERS
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To: CLK who wrote (2858)8/15/1998 11:08:00 PM
From: E. Charters  Read Replies (1) of 3744
 
I don't know about that 605 ounces per ton. It's too high in my opinion. It may interfere with their grinding and recovery processes and would result in havoc in the plant. At any rate what can you make from gold these days?

Of course I wouldn't mind a ton or two of the stuff. Might come in handy for paying bills.

Any idea what kind of potential exists on those 21 square miles for them to brag about? I haven't reviewed the property.

I have all kinds of gold situations that could produce and not much interest in any of them. It would be nice to see that situation change. If the Russian debt crisis continues it could see more than just the recent market malaise to cast gloom on the capital markets. This may cause a flight to value and a concomittant boost in gold prices as devaluation hits world wide. I cannot see gold prices staying down during this. Oil should appreciate too.

EC<:-}
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