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Gold/Mining/Energy : PLAYFAIR MINING - PLY . V -- Ignore unavailable to you. Want to Upgrade?


To: geoffb_si who wrote (303)8/19/2001 10:54:32 PM
From: Claude Cormier  Respond to of 505
 
<I think a 60% carried-to-production JV deal would be ideal, but I don't think any major has offered this.>

Yes. WMC and Cumberland/Comaplex. WMX has a 56%/44% where Cumberland and Comaplex are carried to production. WMC has already spent some 36 millions on Meliadine. A resource of 6M ounces + has been discovered.