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Gold/Mining/Energy : Sierra Nevada Gold - SDD.vse -- Ignore unavailable to you. Want to Upgrade?

To: rdww who wrote (35)	11/6/1998 2:10:00 PM
From: rdww	Read Replies (1) \| Respond to of 65

Spoke with Mark Lee from SDD. They have researched various methods that are available now to their type of deposit. SO they now need to get the $$ to do a met report to confirm this. I was premature before in saying that they have done metallurgy work.THe potential of the company's property remains very positive - even in this shitty Cu + Au environment. Now that the VSE has just started to get out the cellar after what looks to be almost a 75% decline from it's high, maybe the VSE crowd will be able to start finding some money for projects that have such high $$ per ton values. SDD is projecting a $143 per t value for their 100MM t 5% Cu deposit and using todays metal prices. Can you imagine what they would be worth when the commodity market returns?!