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


To: Claude Cormier who wrote (6196)12/20/2002 11:39:22 AM
From: marynell  Read Replies (1) | Respond to of 39344
 
Claude, Cardero is expensive, but I don't think there's much risk (by exploration standards, not T-Bill standards
:-) ) in this deposit. It certainly appears that they will have 7 million tons at 15oz Ag/ton. And it will be high grade, on surface, open pit. I think that takes some of the risk out of the admittedly large market cap.