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Gold/Mining/Energy : Minefinders, MFL -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (265)	6/23/2001 11:42:16 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 578

Hello Russ, Yes... your calculations make sense... The cash cost/ounce of gold EQ will drop by almost 10%. I think the current numbers are already below $150 on the cash costs per ounce of gold EQ... So we could drop below $135, if not $130. That is good for the IRR. <What do you think about Real Viejo? Would it be big enough? > That is the size of Alamo Dorado... All will depends on on the silver is distributed. I like this property for sure... MFL remains in my book as one of the most leveraged gold silver stock. Very small cap for what they have. Another double digit stock if gold heads towqard $400.