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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (7367)3/1/2006 9:50:25 PM
From: loantech  Read Replies (1) | Respond to of 78411
 
I don't know all the numbers but they are building a lot of cash. 4 years to go on KMS. They paid off 200 mill in debt in 5 years. Making more money so will have another 200 mill to save in 4 years. Just guessing. They think the Young Davidson mine may have many pleasant surprises in the drill program. Maybe not a hot hole like KGI has hit for instance but build enough gold for quite a few years production. They have 1.5-2.5 mill ounces in all categories at YD.. Looking to buy another nice property. They were flashing some maps and it looks like Young Davidson is not THAT far from Kirkland lake. Maybe that would be an asset.

So all in all planning a future based on KMN and another plan without KMN.

These numbers are rough estimates just like is KGI close. That was not mentioned in the presentation just personal speculation.

Dak the presentation moved right along and so did some of the power point all my numbers are guessitmates with some personal speculation tossed in.

If you watch please give me your take on it.

Tom