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

To: Claude Cormier who wrote (1710)	7/24/2001 12:17:05 AM
From: loantech	Respond to of 4051

Claude, You have made some refrences to the possibility that we may hit a new low or may have a good bull run this year, but may go lower after that.PLEASE CORRECT ME IF I AM MIS-SPEAKING. Could you be a little more specific on your POG scenario for the near 6-12 month or so future? Thank you. Tom

To: Claude Cormier who wrote (1710)	7/24/2001 9:26:32 AM
From: larry hart	Respond to of 4051

Can someone give me there intake on Canyon Resources CAU --- O by the Claude -- thanks for your input on GLG --- I like that company alot - esply with no long term debt --- I will be watching it and adding to my portfolio as a long term buy.. TIme to dump some Golden Eagle stock --- Trying to get producers in my portfolio not hype of press release --- I have been long on that stock for 4 yrs but enough is enough.. I'll keep some just in case --- still a pro blvr in that company but gettin tired of all the promises of time lines of when they will produce -- time to move on -- Larry

To: Claude Cormier who wrote (1710)	7/24/2001 10:08:27 AM
From: Stephen O	Read Replies (1) \| Respond to of 4051

Black Hawk's call options expire in early 2003. Most of them are at $270 and they comprise about 3/5 of their production. At $270 an ounce I expect them to earn about 3.5c Cdn and have a cash flow of 6.5c Cdn in 2002. At $350 gold in 2002 they should earn 6.5c Cdn and have cash flow of 9c Cdn. That is not a bad hedge, it doesn't go out too far. At 15c Cdn the shares are a bargain. At $350 gold in 2003 with no hedging they should earn 10.5c Cdn and generate cash of 13c Cdn per share. Current working capital is about 4.4c Cdn per share.