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

To: tyc:> who wrote (56900)	2/24/2008 1:23:45 PM
From: loantech	Respond to of 78413

Hello tyke, I think Barrick is reporting profits. My concern is with WGW and why it seems to not be attaining analysts targets.Maybe it needs to be further along in reaching it's production targets. The positives are 1.I think they do not have to make any loan payments until June so they get to keep the 1st 5 months profits. 2.The current 801 hedge appears to be far above all in costs of around 415. 3.The recent appearance of Randall on BNN and their current presentation seems to point to a more agressive stance on acquisitions that are accretive. 4.Their new presentation also points out potential synergies between the Mesquite gold and landfill operation. <LACSD building heap leach type pad and must cover waste, up to 20,000 tons daily, with stockpiled overburden or rinsed leach material??WGI exploring material movement and equipment maintenance synergies with LACSD> It costs the waste landfill about 15-20 cents per ton to buy waste cover. If WGW sells the overburden and rinsed leach material for 15 cents a ton they may gain about 6.50 cents per ounce savings and may be able to sell further waste rock aggregate to the LA area on return rail cars that are delivering the garbage to the regional site. Maybe make another 6 or 7 bucks per ounce.Every little bit helps. In addition I think the plan is to have the hedge and loan facility paid off in 6 years. Tom