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


To: Claude Cormier who wrote (921)12/15/2001 12:03:02 PM
From: russwinter  Respond to of 39344
 
Claude, the numbers on Nevsun's Tabakoto are very old.
nevsun.com

They originally planned on a small scale inefficient 700 TPD operation and STILL CAME UP WITH 161 cc. They have done a couple more seasons of drilling since then and the results are there to be seen.
nevsun.com
Once again this requires some legwork and analysis that no one is willing to expend. The pricing on this stock is exceptionally inefficient. The results from the IRs are tough to analyze, but I'm in the Marynell camp. I suspect that we are going to be handed news (another surprisingly robust economics) of the GBG vintage. And probably the market will greet the news in the same manner as they did GBG's.



To: Claude Cormier who wrote (921)12/15/2001 12:40:06 PM
From: marynell  Respond to of 39344
 
"How many ounces at Nevsun ?"

That depends :)

The most commonly used figure is 1.65Moz.