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

To: Stephen O who wrote (1389)	6/14/2001 4:16:41 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 4051

Stephen, FGX has already what will be a mine at El Sauzal (2 millions ounces proven and probable plus 1M in geological resources). Feasibility is progressing, but we know already that at least 1M ounces of this can be produce at sub $100 per ounce. The net asset value of this is $8 per share. FGX also has $34M in cash. No debt. That is $2 per share. Guatemala is the new stuff with Marlin currently receiving the major focus. Marlin will likely not be their largets property in Guat. Still it has already in excess of 1M ounces drill indicated. The summer will be hot over there.