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

To: hank2010 who wrote (26936)	1/13/2004 11:14:30 AM
From: E. Charters	Read Replies (1) \| Respond to of 39344

Anglo Plat's new SA open pit and North American Palladium have the same pt-pd ratios-grade and they are doing well. Big profits in NA Pall. Don't absolutely need a higher Pd price at all. If they have .015 Platinum they just added US $2.10 in Pt alone to their bottom line in the last month. That is the cost of blasting and trucking one ton of waste out of the pit. EC<:-}

To: hank2010 who wrote (26936)	1/14/2004 9:03:55 AM
From: E. Charters	Respond to of 39344

Zackly. Anglo did not fall off a turnip truck yesterday in this business and the price of PD is professionally speculated to ramp up with the price of Pt topping. PFN has the best carried stable of properties in the business just about. The exception to that rule may be MSA/GUY/NTH which also have really impressive Platinum Palladium ground. You will definitely hear more about them this summer. EC<:-}

To: hank2010 who wrote (26936)	1/14/2004 2:20:04 PM
From: aknahow	Read Replies (2) \| Respond to of 39344

hank, long press release from czz.v , would you tell me what this part means? " Historically, it was thought that the north and south contacts of the ultramafic rocks in the Expo deposit site area were inclined towards each other, forming a trough like body. Information gathered by Canadian Royalties in the process of diamond drilling in this new mineralized area now puts into question many of the historic ideas on the geology and mineralization of the area. The position of the lower zone of mineralization intersected in hole EX-03-63 indicates that the mineralization and its host rocks are sub-horizontal in the area of holes EX-03-62 and EX-03-63. However, because the database in this area is quite limited, no further assumptions can be made at this time." The question is now that the host rocks are believed to be sub horizontal rather than "forming a trough like body" what are the implications? Knowing nothing I still end up thinking that "trough like" is cheaper to mine. I would ask Erick but then I would have to ask Liz or you what he meant. <g>