Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Stealth Mining Corp. [SAL:ASE] -- Ignore unavailable to you. Want to Upgrade?

To: Leigh McBain who wrote (103)	10/24/1997 7:39:00 PM
From: StockPro	Read Replies (1) \| Respond to of 130

Leigh, agree with most of what you say ... but quoting again from the news release ... they seem to be hinting very strongly at what one might expect their production costs to be. Doesn't seem all that bad to me. (edited for brevity) The Pine property is a contiguous block of 660 mineral claims ... in Northern BC in the southern part of the Toodoggone gold district. Royal Oak's Kemess mine ... with production scheduled to commence in the second quarter of 1998, is 8km to the south. Royal Oak estimates Kemess' ... production ... with a cash cost of approximately US$79 per ounce (copper to be credited against operating costs of US$1 per pound).