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


To: Claude Cormier who wrote (971)12/19/2001 9:24:39 PM
From: marcos  Respond to of 39344
 
That's what charred figures - 'Ontario deal is better at the moment because the Super flow financing' - #reply-16772613 .... i've had no recent contact so the new guy and property came as a surprise to me ... they didn't drop los Fuerte/Fuiste, did they? ... just the Tybo/Barnet deal, which they weren't particularly enthused about in the summer as i recall

When you say 'I have followed' ybr that's past tense ... where do you stand on it now? ... i liked the sound of it months ago, stuck in some bids and bingo [after a month or more, thing was sort of trade-by-appointment there for a long time] ... and no question, what i liked were the México silver properties near Alamo Dorado, and the common directors with Corner Bay [didn't there used to be more than one in common?] ... got to talk to them, find out what's up ... cheers



To: Claude Cormier who wrote (971)12/21/2001 11:29:39 AM
From: russwinter  Read Replies (1) | Respond to of 39344
 
<to replace reserves need 15, five million ounce gold deposits a year>

I think they'll find one tops next year. I doubt that even 25% of reserves are being replaced right now. Just dwindling away. Plus they will likely need to state old reserves to 275 POG at year end. Won't be pretty. Makes little sense to own most these majors and they will have to overpay for paper shuffling most existing production. Nothing ventured nothing gained as they say. RTZ never even bothered to sink a drill bit on this one, but at least IMR got some free work done. Should make Tenke feels better about Vicuna at any rate. Do they walk away from Cukurdere next?:
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