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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (4017)2/16/2000 5:10:00 PM
From: Little Joe  Read Replies (1) | Respond to of 4504
 
Claude:

How do you account for thelethargic stock action. I am a great believer that when a stock's action fails to confirm my view of the fundamentals, I need to dig hard for an explanation, because my view may be wrong. I understand that the market is sometimes late to recognize value, but when supposedly great reports are coming out, we should be seeing at least a good bounce. This would be especially true given the recent increases in the value of gold and metals in general.

I don't believe that the town is a real issue, because, unless I am missing something, I don't see how the townspeople would benefit by refusing to move. It appears to me that not only would they be living in better homes, but the economy of the area would be tremendously enhanced.

Live long and prosper,

Little joe



To: Claude Cormier who wrote (4017)2/16/2000 5:25:00 PM
From: Karl Zetmeir  Read Replies (1) | Respond to of 4504
 
Looking over the drill results ... I see AU at about 3 g/t or .1 opt

I've always thought gold mining need .05+ opt to be at breakeven ...

I always thought CU needed to be at 2% or better ... may be much better with the current price of copper.

So I guess this, along with other recoverable metals, TG should be reasonably profitable.

What revenues per ton have you ascribed to TG? Surely, someone has done the math.