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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (1130)4/8/1999 12:56:00 AM
From: mineman  Read Replies (2) of 3558
 
DublD, your Apr 5 Financial Times promotional article reports 9 m ounces 12-13 grams/tonne (.4 ounce/ton) but does not say anything about the potential viability of the project.

The information I gave you resulted in an economic ore reserve in the main vein, which contains 94% of proven gold reserves, of less than 1 million ounces or 11% of the published 9 m ounce figure!

Why is there such a discrepancy??

I have now seen the 1 million ounce figures and I believe this information is completely accurate!
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