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


To: baystock who wrote (1956)8/29/2001 12:17:14 AM
From: russwinter  Read Replies (1) | Respond to of 4051
 
<And at 2 cents per share they will get 40 million shares or 40% of the company !!>

Actually, 41.12 million shares.

$825K Canadian for 41% of a 1,137,000 oz reserve/ resource, (excellent expansion potential, never dilled below 100 meters)at $169 life of mine cash cost, with 60K+/year plant just constructed and permitted. Sign me up, I want to be a gold banker. Anybody want to figure the IRR on that?