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

To: jpthoma1 who wrote (800)	4/20/2001 12:08:32 PM
From: russwinter	Respond to of 4051

JP, The M&I shows 1.06 Pd/Pt, but they have excellent byproducts including 0.29% CU ($5 rock) and several bucks more silver and gold. I expect PGE grades to improve and the district has ample expansion potential to cover the capex better. Of course this one is for PGE bulls, as below $500 it won't work. The point is that the market has valued Marathon at nothing, so it's a free play. Claude, If Vueltas performs to expectations they will generate US 8 million cash flow which will take care of Marathon's next stage. CBD and FWR: I'm hanging in there on CBD, but the costs should be much lower at CS, unless you know something I don't about new costs on the CBD's projects? EV of FWR is only US 6.5 million, and I'm also willing to plug in some values on FWR's PGE prospects especially Bermuda next to Marathon. So the Marathon District once again weaves it's way back into my "master play" on these plays. I like the PGE/gold combo aspect of GEO and FWR. BTW, SLR has just quietly slipped back to 1.00 right before results come out of Pedro Blanca.