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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (288)10/23/2001 1:39:59 PM
From: marynell  Read Replies (1) | Respond to of 39344
 
"I beginning to wonder if FGX isn't keeping it . . . " The brokers at Global Resource Investments know Randy and FGX well, and the Global does not see FGX going into production. If Randy would spend $10 million poking holes in the Guatemalan targets, then FGX would soon have a resource of 5 or 6 million extremely low-cost ounces in Mexico and Guatemala, then FGX would be at a price of C$10/share, and they could raise money with minimal dilution. Randy's obsessive frugality is no longer funny, and I'm getting angry.



To: russwinter who wrote (288)10/23/2001 2:55:48 PM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
Russ,

A good question.Keep in mind that the feasibility at EL Sauzal is due early 2002. So everything is possible I guess, even if this would not be inline with their philosophy.