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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (2523)4/29/2002 4:12:44 PM
From: Rocket Red  Respond to of 19697
 
THT(TSE)

However, if the gold price in U.S. dollars improves sharply from the current level, the company would then be in a strong position to develop its Masbate gold deposit in the Philippines; which has a forecast start-up production rate of 200,000 ounces per year, at a cash cost of $190 (U.S.) per ounce, based on the feasibility work carried out by GRD Minproc last year.


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