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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (8631)12/7/1997 9:06:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 10482
 
ole 49r:

I am surprised the Joe Isuzu of the mining industry made a public appearance. I guess current shareholders of AZS were barred from the convention.

Ken



To: IngotWeTrust who wrote (8631)12/8/1997 8:28:00 AM
From: John Soileau  Respond to of 10482
 
When he referred to 30 million oz a year ago, he was not speaking feasibility-study ounces. You are not a "newbie" and certainly
know this. Every junior CEO (including your "rave fave" Welch of
Bre-X) makes resource estimates; ounces once the mine is designed,
cutoffs are determined, etc. are going to be south of that.
In addition, the 30 million # was a projection if you recall. Neither the resource nor the mineable ounces have been finally determined yet.
John