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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE) -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (598)3/27/2000 12:58:00 AM
From: Claude Cormier  Read Replies (2) | Respond to of 1321
 
<<We await the next few drill results, and I would appreciate your opinion. >>

Well watch hole 13... it is the one that will extend the zone past its current 200 feet strike lenght. If they hit there, it becomes significant as the strike lenght double to 400 feet. According to the map, holes 10 to 12 are in between holes 8-9 and 3-4 already reported and will probably have similar intercepts.

So far this is not big tonnage. But it is a good start.

What worries me is the current market cap of the stock which is approaching $C50 millions fully diluted. This appears to be very expensive.

Do you know if there is still a mill in good condition on this Cariboo mine ?