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Gold/Mining/Energy : NDT VENTURES -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (900)1/2/2001 11:24:59 PM
From: charred  Read Replies (1) | Respond to of 992
 
Elizabeth, this is a good start for an exploration program. I agree that the geology is different. My point is that they had success on their first past of drilling.

Infrastructure is great here. A million ounce deposit with these grades could be economic. I just don't like the deal with the owners.

BTW, take a look at YMC.U on the CDNX. Tell me what you think?



To: Elizabeth Andrews who wrote (900)1/3/2001 12:00:34 AM
From: Claude Cormier  Read Replies (1) | Respond to of 992
 
Eliz,

The jury is out. A combination of excellent metallurgy, low strip and enough ounces could make this an economic deposit. I don't think we know enough to conclude.

Who knew that Glamis Gold would be pulling out 80,000-113,000 ounces per year at a cost well bellow US$150 on a deposit averaging only 0.80 g/t gold.


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