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


To: Bobby Yellin who wrote (7331)2/6/1998 6:51:00 AM
From: J. Nelson  Read Replies (1) | Respond to of 116753
 
What a great Idea! Question, Off Topic !

Did you see and read the news that came out on Dayton? Mr. Wayne McClay has resigned.

This was not the part I'm haveing somewhat of a hard time with. In the news it states
that Minorca Resources Inc. of Toronto has a operating mine and they implemented a two
year put program which ensures a floor price of C$450 or about $328 U.S. at the time. This
floor, while providing the company with the benefit of amy increas in gold prices. Can you
understand what they are saying in that line of the News? Bobby this was not to tout the
issue I looking for some clairfication on what makes me so Dumb on some of this stuff.

Thanks for your time if you can!

Jim....