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


To: russet who wrote (1001)10/20/2000 10:14:38 AM
From: Elizabeth Andrews  Respond to of 1907
 
All companies strive to be the lowest cost producer which is a major factor in dominating a market sector, no matter what the business. I can't help the current mania but this economic law will prevail sooner or later. Do the math Russett. The early numbers put this deposit in the "special" status due to its potentially low costs per ounce.

Here's the caveat. Size. If this deposit gets to 2 million oz and the parameters stay about the same, one of the big companies will buy FGX within a year at a premium to what it's trading at right now. I'm betting on it.