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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (5726)	7/31/2006 10:33:58 AM
From: Mr. Aloha	Respond to of 48092

Yes, I saw that 'back of the napkin' analysis, but I'll wait until they come out with something more official on the deposit size. I think they should be close to being able to do that after so much drilling and with several drills going now. I think for economic reasons, it made sense for them to just start with the big manto first, and then use future mantos for future reserves. Once they're in production with the first manto, they'll be rolling in the dough and can self fund the development of the rest.