Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (21680)	6/23/1999 12:19:00 PM
From: dgz	Read Replies (2) \| Respond to of 26850

It seems the consensus on the thread is that Pit 3 will come in with over 2 ct/tonne and a value in the high $200's USD. Been thinking about that and if that's reasonable, then Pit 3 averaged with Pit 4 will give us 2 ct/tonne with an average value of $150-$200 USD/ct. Even if Pit 3 comes in at only $200USD/ct the average of the two pits is still $150 USD/ct. At 2 ct/tonne this is $300USD/tonne or about $450CAD/tonne. If the MRDI report shows us having 25 or 30 million tonnes we not only have a mine but we have the richest mine in the NWT. Seems ridiculous that we could be trading under $4 with this kind of potential - don't ya think ?