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Gold/Mining/Energy : Madsen Gold: Production in spring of 97! -- Ignore unavailable to you. Want to Upgrade?


To: reg who wrote (23)11/16/1997 6:39:00 AM
From: hedgehog  Read Replies (1) | Respond to of 28
 
Reg, price dropped quite a bit Friday! What is your take on this?
I spoke to a friend from the area and he tells me that Madsen has brought in a company called "Pro-Com" who to date have been able to increase the hoisting numbers on a daily basis but stesses that Madsen still has a lot of bottlenecks to work out. I sure hope Madsen can ensure their cost/ton remains lucrative at these lower gold prices. Keep me informed as I will do the same. Regards, Nick