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


To: Claude Cormier who wrote (164)5/19/2000 11:36:00 AM
From: Ian McCartney  Read Replies (1) | Respond to of 260
 
thanks for research you did to respond to my inquiry in such detail. The presence of the shallow ore(from company PR)provides some assurance of quick revenue flow. The surface grades quoted are for best results and do not indicate the average mill-feed grade that is expected over the first quarters, I would assume is will be significantly higher than the 2.51 g/t global average grade. For comparison, most significant open pit - heap leach operation in Mexico remain profitable at the 1.1 to 1.5 g/t grade range under current market conditions.

Your responses have helped me keep faith with my GEO investment.