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Gold/Mining/Energy : AVL.V - AVALON VENTURES -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (710)4/16/1998 4:04:00 PM
From: DRT  Read Replies (1) | Respond to of 1474
 
At these levels, its as if I forgot to include Separation Rapids in the calculation (note: that 'envelope' is virtual - can only be constrained by the limits of my computer). Seriously, the increased resource estimate will not likely impact cashflows, but it will increase the discounted cashflow valuation of the company and extend the expected minelife beyond the current estimate of 35+ years.

DRT



To: RMF who wrote (710)4/16/1998 8:52:00 PM
From: D McP.  Read Replies (3) | Respond to of 1474
 
MICAP,

I wouldn't get too excited about Doc Naldrett committing himself too quickly; wasn't he being called in to put a couple of graduate students on the site? It may not be a short-haul opinion that Avalon's looking for.

Sigh. Still long.

D. McP.