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

To: Jim Steel who wrote (1931)	8/26/2001 8:14:51 PM
From: Claude Cormier	Respond to of 4051

Jim, Thanks for your comments. <I'm not a fan of El Sauzal ever going into production.> Could you possibly be wrong in your analysis. I also looked at the drill holes, although probably not as extensively as you did, and come up with the conclusion that there is no way this will not be a mine. Of course, management is most of the time biased, but I don't think they are spending on bankable feasibility if they had any doubt. You certainly know that Reifel is extremely careful with FGX' dollars. At $6+, I can only agree with you that FGX has no chance of ranking very high on a list of best leveraged stocks. But given the low gold prices and FGX financial capacity to discover more gold, it ranks at the top on my list of conservative gold investments. When one is looking for leverage based on an eventual rise in the price of gold, the Minefinders, Cumberland, Birim and others are the place to be, I agree. Unfortuantely, we don't know when gold will make that move. BTW, while we are discussing.. are you following silver stocks and do you have an opinion on Corner Bay Silver ?