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Gold/Mining/Energy : ATNA ( v.atn t.atn) -- Ignore unavailable to you. Want to Upgrade?


To: Ralph Kern who wrote (173)11/8/1997 7:09:00 AM
From: Bob Fairchild  Respond to of 509
 
I guess it is one thing to hold your existing shares and another to average down at this point. I am at this crossroads. Something seems awfully fishy for them to have been drilling this property for so long, the deposit being touted by Nesbitt Burns analysts, and all of a sudden this selenium thing becomes a problem. Can there be some kind of manipulation here behind the scenes. I am a former Bre-X shareholder and tend to be paranoid schizophrenic these days. Regarding selenium, is there any economic use for this material that would help cut the extra smelting costs. Is it a marketable commodity ? You heard the old saying that one man's garbage is another man's treasure !



To: Ralph Kern who wrote (173)11/25/1997 3:45:00 PM
From: SPRINGS  Read Replies (1) | Respond to of 509
 
Everybody, it is looking better. This is what was said on the
teleconference by Westmin and Boliden.
Westmin- Wolverine needs a integrated company that can deal with
selenium and Boliden has the circuits.Metal reserves at
Wolverine is greater than all of Bolidens mines.
Boliden- We produce 20tons of selenium per year and is sold for
the use in shampoos for dandruff control.

Also, an analyst for a large house says that Cominco,Noranda and
Boliden have circuits at their smelters for removing selenium and
this could revive the value of the Wolverine deposit.Also, he felt
that Boliden knows that wolverine is going to give them considerable
profits. Hope this helps