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

To: Sylvia Dupuis who wrote (90)	9/2/1999 4:37:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 260

<<Anyone else want to comment?>> It is even better to pick up juniors that are developing a deposit that will be profitable at current gold and silver prices. Thanks god there are still a few. But in any case, you must select the ones that can sustain these low prices for at least another year or two. In that regard, GEO was on the borderline... but now that they will start mining higher grade... they should get enough cash flows to go through this period. I am a bit disapointed of the recent proposed financing (and therefore potential dilution). I guess the market was as well. But if it can help bring Vueltas Del RIo in production and generate $10M cash per year...well they may as well go for it.