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To: TheBusDriver who wrote (54715)12/29/2007 10:31:43 AM
From: loantech  Read Replies (1) | Respond to of 78422
 
I think the stock price reflects the slow repair issue. NO more dilution is right! Those shafts are 10's of millions to do. HL doing a new shaft or talk of it for up to 30 mill plus?

David Bond - Platts Metals Week

Good morning, everybody. Great quarter and I don't blame you for being a little bit [stark riders] this morning, I didn't get that either. Actually I think the previous caller asked what I was curious about the, you've apparently allocated little bit more of the exploration budget since your presentation in Zurich. Can you give an estimate for thinking this new number for shaft at Lucky Friday?

Lew Walde

Order of magnitude $20 million to maybe even as much as $30 million. >>>>>>>>

So a few mill to resurrect this old shaft is cheap. It may be up to 7500' long too but not sure.