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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: findstock who wrote (3365)6/11/1998 8:02:00 PM
From: superdow  Read Replies (2) | Respond to of 25548
 
Dayton operates a 20,000 ton per day open pit heap leach operation developed at a cost
of approximately US$100,000,000. Gold production at this mine during 1997 was 91,347
ounces at a cash operating cost of US$251. With higher grade zones being mined in 1998
and beyond, cash operating costs are expected to decrease significantly.ÿÿ

Lets hope so. $90,000 x $50 maximum profit = $4.5 million annual return
on a $100,000,000 investment. Dig faster boys, dig faster --