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

To: Elizabeth Andrews who wrote (3156)	8/4/1999 9:05:00 AM
From: E. Charters	Read Replies (1) \| Respond to of 3744

With higher gold prices the Brookbank property has certain sex appeal. Some properties in that area due to higher than average grade and ease of mining could be prosecuted today. We run into a "perception problem" with the financing community, though at today's metal prices. They cannot stay down forever though. It is a miracle that they can get any money at all to drill with. There are relatively few properties that are being hammered today. I know of three in Timmins that is still being ragged but most are like fish out of water. I have one that has 15 holes in it and is 5.0 ounces per ton and it has its figurative hat in hand while much less likely properties get the usual money being burnt over the vein. EC<:-}