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Gold/Mining/Energy : A "A" list of JR gold mining companies -- Ignore unavailable to you. Want to Upgrade?

To: rainman who wrote (39)	9/14/1998 1:49:00 PM
From: Claude Cormier	Respond to of 169

Rainman, Classification is usually based on production numbers rather than reserves. After all, production brings in the cash flows. The boundaries of each classes are subject to a lot of interpretation. But it is generally agreed upon the following: 1) Juniors: One or two mines in operation with production below 100,000 ounces/year. 2) Mid-tiers: Two-five mines in operation with production above 100,000 ounces but below 500,000 ounces 3) Seniors: Whatever number of mines they have with production in excess of 500,000 ounces. Some Canadian brokerage ghouses will have 5 categories. Others will have 3 as above but with different boudaries. There is now clear cut definition. CC