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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (470)12/13/2000 10:31:27 PM
From: Claude Cormier  Read Replies (3) | Respond to of 4051
 
Richard,

The numbers posted are from GLG 2001 budget. You should look at the future, not the past. They have two other projecs in the working that have the potential to double production within a few years. One of them, the new discovery at Marigold, will likely be extremely profitable since it will use current infrastructure.



To: Richard Mazzarella who wrote (470)12/13/2000 11:07:11 PM
From: goldsheet  Read Replies (2) | Respond to of 4051
 
I hope you don't drive your car looking in the rearview mirror ;)

They are winding up the old higher cost mines, just put a $133 cash cost mine into production, found a new zone on Marigold, and should do just fine with Cerro San Pedro. The biggest negative is the Imperial Project in California may never get developed.

Check out their November 2000 presentation:
glamis.com
Slide #42 is a good one.