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

To: Michael Bidder who wrote (14356)	7/20/2003 7:46:32 AM
From: E. Charters	Respond to of 39344

Cons Silver Tusk was actually mineable and cheaply with cheap labour or modern methods. The trouble with it was it was a narrow underground thing that they were trying to sell with scuzzy reports as a wide low grade deal possibly. The Dutch had mined it underground and made money but it did not translate into a open pit as the structures were too narrow. Good private mine, but nothing to really drive a stock. There is a lot of good stuff out there that could be mined. I tell people that mining has nothing to do with mine or stock promotion. You will find that mine starts are completely off the radar screen. They are all behind the scenes financings and never really promoted. I could name 20 mines in Canada that may be started or were started and not one of them was a stock play. Agnico Eagle has a property in Kirkland Lake that they will mine and it is not talked about anywhere. There are two open gold situation south of Timmins that will be mined, also one in Timmins, and one in Matheson but nobody is speaking about them. DeBeers is developing in James Bay too. Private company now. Stock play gold mines could be said to be KGI, and Apollo Gold. Pretty quiet. Advanced diamond situations with bulk sampling or development? Three in Ontario. No action in the stocks at all (one is private). Thistle mining will probably crank out a mine, but they are far from a promotion. Amerigo just went producer with no fanfare or warning. etc... EC<:-}