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


To: loantech who wrote (2273)9/21/2001 9:09:18 AM
From: Claude Cormier  Respond to of 4051
 
Tom,

At current silver prices, Alamo Dorado will be mined for 5 years, but will generate huge cash flows worth many times the current market cap. At silver $5.25, the life of mine is 11 years.

They have other targets on Alamo Dorado. The northern alteration shows similar potential to the main zone. The southern alteration is also a possibility. They are not spending on exploration now.