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Gold/Mining/Energy : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?

To: Taco who wrote (1062)	1/3/1998 6:22:00 PM
From: dave brown	Read Replies (2) \| Respond to of 3650

I just used the tonnage presented in the paper. I disagree with this figure for two reasons: firstly, with the information presented we are lucky to have 3-5 million tonnes and secondly, this "puppy" as Ed puts it is wide open in all directions therefore how can they say it has a cap at 20 million tonnes. Hole 31 is roughly 400m on strike from the JV property line. Currently the copper zone strike length is 300m and opening up to the southwest. Don't know what figure would be discounted by a potential acquirer, they always seem to pay a premium ie.Inco/Diamond Fields, Barrick/Arequipa etc.