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Gold/Mining/Energy : Silver prices

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To: Gabe Heti who wrote (1376)11/17/1998 11:11:00 AM
From: Claude Cormier  Read Replies (1) of 8010
 
Gabe,

Are you sure you want to play in Indenosia.

BTW, the Tambang zone where the 29 millions ounces of silver has been identified is not the subject of the prefeasibility study. This study is on the Jambi zone which is a gold deposit. If the Jambi zone is economical, then Antarez will bring it to production and used the cash to further develop the silver resource at Jambang.

Also, it is important to know that ANZ has 75% of the property.

If you want a speculative explorer developing a silver deposit..Corner Bay is a much better play. Their Alamo Dorado property has higher grade, excellent continuity. Recoveries have approached 93% so far and the deposit looks like an open pit with low stripping ratios. If they can increase their tonnage with the current drill program, BAY will be one of the best silver speculation around in the next 3 months.

chart.canada-stockwatch.com
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