Latitude Minerals LTU.V Message Board

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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: M. Boldo who wrote (264)	3/10/1999 11:36:00 PM
From: William Puget	Read Replies (1) of 366

The cash cost of production at Pan is estimated to be $208 per ounce and will show an attractive positive return at $300 gold according to the LTU geological people in Spokane. Scoping study almost finished. Good point though. With gold heading in that direction people will come to realize the asset base that LTU has. Remember Kilgore has a positive feasibility study and will produce at $210 per ounce based on work that Echo Bay did two years ago. Things have changed in the industry since then so maybe the cash costs will have gone down. The more I learn about this company, the more I like what I see. I am continuing to buy shares. WP

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