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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1222)8/17/2000 9:12:25 AM
From: russwinter  Read Replies (1) | Respond to of 4409
 
Looks like the cost of the starter pit will be coming way down (1.25?) as they have confirmed a very ripe area with the last drill results. As you have mentioned, the recovery rates on the high grade portions is running towards 75%.

Can they extend those ultra low cost deposits beyond a couple years? Is there now potential for a secondary pit (section 300 and 400) that might give them up to five years of below 1.50 costs? From a feasibility point of view the latest news is outstanding as the likelihood of a series of very low cost, high recovery pits is emerging.