Int'l Wayside Gold Mines Ltd (IWA-VSE) Message Board

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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)

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To: zoli bognar who wrote (354)	12/17/1998 7:59:00 PM
From: bill718	Read Replies (2) of 1321

Zoli, I think the problem with IWA is the same as for many other companies doing business in BC... the low POG! Even Royal Oak with an estimated 4-6 M oz. at Kemess is going under unless POG increases soon.... which is hard to believe, but true. Even though the province is rich in metals: ei.gov.bc.ca ...hardly anyone takes widespread lo-grade deposits very seriously, because they are not economic to mine at the moment. Of course, we are all hoping this changes next year, and there are many factors unfolding to suggest we are on the verge of a tremendous bull market for gold. Also I should mention the BC gov. recently announced some new tax incentives for exploration companies doing business in BC... which is a step in the right direction for companies like IWA. Best, Wayne

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