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

To: loantech who wrote (61604)	10/13/2008 12:20:28 PM
From: E. Charters	Respond to of 78412

It is not the same thing at all. Only in my humble opinion, which should be yours as well. What CFO has is a whack of old mines on the PD fault near Rapid Dancer, east of the Harker Holloway, Lightning Mine area of Ontario. This is in the Ruined in Noranda area of PQ, eastern Canada. They are low grade, and wide. They may suit bulk mining. Donchester has one intersection of 2.91 grams au over 134 metres at a depth of 168 metres. (439 feet starting at 551 feet depth.) midlandexploration.com EC<:-}

To: loantech who wrote (61604)	10/13/2008 3:57:50 PM
From: hank2010	Read Replies (3) \| Respond to of 78412

Detour Lake was originally discovered by Amoco who brought in Campbell (member of placer Dome group)when it looked like they had a mine. Amoco backed out when things did not work out so good during initial ops. Placer Dome had problems from day 1, mainly with poor continuity of mineralization, leading to lower grades to the mill. Good luck to the new operators! Maybe gold price will help. maybe they will be better operators, but Placer Dome certainly had experience, and I do not consider them to have been dummies. By the way. took me a lot longer than 1.5 hours to drive from Timmins to Detour. And if you are speeding watch for caribou on the road!

To: loantech who wrote (61604)	10/13/2008 8:56:07 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 78412

I think CFO could ( I say could) be better for the following reasons: 1) the grade is higher with average of 4 g/t at the Beattie complex and 8 g/t at the Duquesne. 2) the continuity appears to be much better with all drill holes hitting mineralization. 3) CFO has 50% less shares outstanding 4) Assuming an underground mine, CFO has much better infrastructure with shafts and underground workings alreadiy in place. All is needed is extending the workings. 5) CFO has 250,000 ounces in tailings that could bring nice early cash flows that will help lower Capex. 6) CFO has better infraststructure close to mills. 7) DGC strip ratio is very high because of weak continuity which implies a lot of additional costs to move the waiste. This being said, it is hard to say which one will have better numbers. CFO need 6-7M ounces to equates DGC on a per share basis. Not sure yet it will get there. Also CFO will have special processing that will add to costs Overall, I like the two projects but prefer CFO because of the higher grade.