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Gold/Mining/Energy : Rubicon Minerals -- Ignore unavailable to you. Want to Upgrade?

To: Miner who wrote (62)	5/28/2002 6:03:53 PM
From: IngotWeTrust	Read Replies (2) \| Respond to of 470

Miner, perhaps you could clarify a point for me pls, while you are over there at least closer to the "-stans" than a lowly Oregonian miner back here in the states. The sweet deal NEM has, working the "low grade" stockpiled ore of the Muruantua, to the tune of 468K oz production this year at very reasonable cost per oz, they are only pulling 65% in their 49 day leach. What is it about that ore that brings down the normally high leach percentage and leaves 1/3 of the gold tied up? Must be some complex geo chems, yes? Just thought you might know and could take a minute to fill me in. Steady as she goes with advancing Rubicon, yes? Don't want it showing up on the momentum player's radar screens too soon...leaves us vulnerable to nasty setbacks when they surge onward as they are often wont to do.! Thanks gold_tutor

To: Miner who wrote (62)	5/28/2002 9:26:12 PM
From: Joey Two-Cents	Read Replies (2) \| Respond to of 470

John, A mention of Rubicon today at the end of an article in the Globe & Mail. Tip Sheet A daily compendium of market analysis and insights By ANGELA BARNES Tuesday, May 28, 2002 – Print Edition, Page B17 Gold on the rise The price of gold will continue to improve over the year and will likely average $310 (U.S.) to $315 an ounce for the year, Wendell Zerb, an analyst with Vancouver-based Pacific International Securities Inc., said in a report released late last week. He added that he will reassess that forecast if the U.S. dollar continues to weaken. The recent slide in the U.S. dollar has helped boost the price of bullion; so has nervousness about terrorism and world conflicts. Gold is seen by investors as a safe haven. It is also seen as a hedge against rising inflation. With the global economy continuing to improve, worries about inflation have cropped up in some quarters. Mr. Zerb also noted that mine production of gold is flat. "Although we are optimistic about the bullion price, we expect short-term corrections will provide buying opportunities" for gold stocks, he said. Mr. Zerb noted that demand for gold stocks appears to be strengthening and has branched out from the larger-capitalization producers to the mid- and small-cap producers and, more recently, into smaller, high-risk, generally illiquid exploration concerns. He said the latter group of stocks are for "risk-tolerant investors." He then listed a number of such issues that have characteristics he likes. Included on his list are Radius Explorations Ltd. (RDU-TSX-VEN), X-Cal Resources Ltd. (XCL-TSX), IMA Exploration Inc. (IMR-TSX-VEN), Rimfire Minerals Corp. (RFM-TSX-VEN), Orezone Resources Inc. (ORZ-TSX), Rubicon Minerals Corp. (RMX-TSX-VEN) and Altius Minerals Corp. (ALS-TSX-VEN). globeandmail.com.