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

To: russwinter who wrote (514)	1/17/2001 11:04:16 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 4051

<How do you calculate rock value for copper? Hole 4 had 168 meters of $7 gold/silver but 0.85% copper.> 0.85% copper is (.0085 * 2200 pounds/ton) or 18,7 pounds. At $US0,80 per pound you get more or less US$15/ton. This is very good stuf. And they have a strong partner. <Infrastructure is the question here I suppose, so this one has to be big.> Yep... But this is the good place for elephants. < Off to a good start. > And must certainly be on our watch list. In good markets, TNK would have moved a lot more than $0.16 and there would be sustained follow up. BTW, do you know the status of their stuff in Congo. They still have it..?