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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (1361)	6/21/1999 6:58:00 PM
From: Steve Joy	Read Replies (3) \| Respond to of 1707

So Sam tell me what the hell are you doing here if you think there is no interest in the Golds. Do I have to remind you of the base metal properties that Mgj will be doing work on this summer. You talk as it is October or something, Summer is just starting and exploration is just gearing up to go my friend. I will agree with you in a certain view about gold. but that is with low grades, low grades are useless in low gold prices as you can see with Bema Gold, but that is when high grade deposits like the Hammerdown look more attractive to a company as it could help them keep some other companies head above the water. The only problem with the Hammerdown is tonnage, and I believe with another additional $200 000 in exploration in the hammerdown area additional ore can be found. You will probley will say what's $200 000 in exploration? well in Green Bay NFLD it is hell of alot and it will go a long ways. Infact in 1995 they drilled there all summer with two rigs and it only cost $1 000 000 and that was when all the drilling rigs were in voiseys. Sam high grade is the key for any company to be successful in these mine conditions. Steve Joy joysc@telusplanet.net