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To: Richard Mazzarella who wrote (68269)4/25/2001 10:10:12 AM
From: lorne  Respond to of 116767
 
Barrick gets crack at Sukhoi Log
" MOSCOW Canada's Barrick Gold Corporation looks set to win the licence to mine Sukhoi Log, Russia's richest gold deposit, four years after the licence was confiscated from an SA-Australian partnership of JCI, Standard Bank and Australian junior Star Mining. "
" Located in southeast Siberia, Sukhoi Log has the largest unmined gold deposit in the world, with reserves estimated by SA mine consultant Oscar Steffens at 43-million ounces worth about $11,3bn. He estimated the cash cost of mining would be $150/oz. "
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bday.co.za



To: Richard Mazzarella who wrote (68269)4/25/2001 12:23:33 PM
From: Ken Benes  Respond to of 116767
 
This is the second leg of the producers enveloping horn to enhance the value of gold. The first leg, increase demand by selling gold over the internet, leg two, bring on Rodney, and leg three, as the marginal mines close, replace the loss of production by introducing new mines in Russia, South America, etc. This is a comprehensive and well thought out plan fully endorsed by the bankers.

Ken


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