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Gold/Mining/Energy : Franco & Euro Nevada FN , EN -- Ignore unavailable to you. Want to Upgrade?

To: Ronald Tammekand who wrote (320)	10/2/1998 1:30:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 658

<<I think that US$169 is a bit high for silver.>> Not sure what you mean by that. << Actually, I think Cambior is a good company and they obviously know what they are doing>> For sure. With the silver content, the grade is almost twice the grade at other mines which are currently profitable. Look at the Rand Mine (Glamis) which has a grade of some .6g/t...they are prodcuing gold with a cash cost of $210 and there strip ratio is much higher than what MR and CBJ are talking about at Cerro Blanco. << - however when I sampled the property the grades were lower in my samples and that is why I think it is a turd.>> Well Cambior work since they optioned seems to be confirming most of the grades. I guess time will tell. << GEO is my favorite gold play after EN but as I got into EN at $14 I'm selling now to get into WSP(diamonds) and RGD(copper).>. I like GEO very much as well... Their stuff in Honduras America could end up with several deposits. Vueltas Del Rio will certainly be a low cost mine. WHat is good about WSP...? Can it be another Diamet ? CC