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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (998)10/19/2000 4:31:47 PM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 1907
 
If the recovered grade is 3.4 gms au equiv per tonne and the mining and milling cost is US$8 per tonne that yields a cost per ounce of about US$70. If the mine receives US$240 per ounce after refining and trans charges then that leaves US$170 per ounce margin. The present value of that over 10 years is worth more than US$25 per ounce.



To: Claude Cormier who wrote (998)10/21/2000 12:15:09 AM
From: James N. Wilson  Respond to of 1907
 
<potential for more deposits like this one being discovered along this several kilometers long mineralized trend>

You would certainly have to guess that the stakes will go up a notch or two if the next stage of drilling meets with similar results. Perhaps a major gold camp in the making.