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Gold/Mining/Energy : NORTHGATE EXPL (NGX.TO) -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (43)6/11/2002 5:38:09 AM
From: peter snowdon  Respond to of 158
 
I think you may be trying to micro manage this and I don't believe that will bear a lot of fruit, that is, the kind of fruit that bears profits.

yes, i am myself coming round to this point of view. too many trees can obscure the wood. and there is a lot of wood-equivalent in NGX.

how much further the current correction may go is another question, of course. but if we can get the warrants back down to 50c, i will be buying.



To: Elizabeth Andrews who wrote (43)6/11/2002 8:24:38 AM
From: tyc:>  Read Replies (1) | Respond to of 158
 
>>how does management increase the NSR of the product.

Yes! This is the crux of the issue. I am surprised that , to that end, noone seems to share my enthusiasm for Doublestar's Sustut copper. Here's what Doublestar says on its website about the deposit that could well be added to Kemess production next summer.

"Kemess, a 50,000 TPD mining and milling complex, desires the Sustut ore because of the several beneficial effects that it would have on their operation. It increases their copper production by 40%, increases the grade of their concentrate, improves the quality of their mine tailings and reduces the amount of grinding media required in their Semi-autogenous mills."