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

To: jackjc who wrote (27976)	12/18/2006 6:13:13 PM
From: E. Charters	Respond to of 78424

The thing that broke Cusac before was high costs and low gold price. Same thing as Rea Gold. Different situation now, as gold is twice as high as when they went under. Also their resource base is larger now. I don't know what the grade of Table Mt. II is. This augurs well for other OP situations in BC. The old dog, Mosquito Creek in the Billy Barker area, Quesnel, which was Int. Wayside of just_a_few_shares_out fame, has better grade than Cusac, but gets little respect. I did not think it would go because of GP then and atmosphere in BC, and I must admit hard to finance now. They need a 1 for 4. EC<:-]