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


To: russwinter who wrote (1224)8/17/2000 2:06:18 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
<<Can they extend those ultra low cost deposits beyond a couple years? >>

Well I think they have. I will not be surprised to see the new mining plan expanding the highe grade starter pit into a thrid or four year... five might be tuff.

<< 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?>>

In fact it is gonna be one big larger open pit, but they will start mining the selective high grade sections I think.

<< 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. >>

And I don't think it is over... the silver is still leaching and the gold numbers will be available only at the end the the process.