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


To: russwinter who wrote (2471)10/3/2001 8:43:18 PM
From: goldsheet  Read Replies (1) | Respond to of 4051
 
I have previously mentioned OXUS as a firm who just might be able to finance and develop a new gold mine in the current environment. The Amantaytau surface oxides make for a great heap leachable Phase 1. Thanks for the link to the well written research report. The peer comparison was most interesting, implying the stock could be worth up to 10X more if resources were valued as high as Gabriel ($16/oz)



To: russwinter who wrote (2471)10/5/2001 12:42:30 PM
From: W PAUL  Read Replies (1) | Respond to of 4051
 
Oxus - a real nuisance for Brits that this is not fully listed but on the London AIM market (Alternative Investment Market)which is not eligible for tax free funds although very quick capital gains tapering for purchasers.

Another company you might like to look at - though without the backers of OXS - is Celtic Resouces (CER.L) whose price has held up much better than Oxus recently. Their prospects are in Russia itself and I believe they managed to secure funding from a Russian bank. Must know their way round.

(I see Mark Wellesley Wood is a director of OXS - the head of DROOY ?)