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Gold/Mining/Energy : Fairmile Gold -- Ignore unavailable to you. Want to Upgrade?

To: Brian ZALEWSKI who wrote (3219)	11/5/1997 2:46:00 PM
From: I_C_Deadpeople	Respond to of 4057

In todays Globe &Mail there was some further decription about the "alliances".... " the company has sharply refocused it's exploration strategy by concentrating on areas around it's existing mines"...this sounds a little better for us.... One of the large benefits to EB of the FLA property is that IF they proceed to production they will extend the life of the mine by x number of years. this means that they can REDUCE the current deferred charges to the mine ( amortize it over a longer period ) which is in line with what they want to do - reduce current production costs. EW