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Gold/Mining/Energy : International Gold Corp (IGCO) -- Ignore unavailable to you. Want to Upgrade?

To: Chuck Delo who wrote (345)	1/19/1999 8:39:00 PM
From: Semyon Kuretsky	Read Replies (1) \| Respond to of 405

Yes, it looks good and as usual consistent.. Time to count the beans. Please correct me if I'm wrong.. Each hole represent 13.15 mm tons of ore... 19,000 ft equivalent to 500 mm tons of ore..(from company press release) 500 / 19.000 = 0.0263; 0.0263 * 500 mm ton = 13.15 mm ton 9 hole = 13.5 * 9 = 118.35 mm ton 118.35 * 0.09 oz/ton = 10.6 mm OZ To make such legal claim company needs to complete reverse circulation holes and complete results with 5 ft intervals and that would be complete job for to prove reserve. Just based on current results we should be at $4-5 now.. I heard that in Feb IGCO will do cost recovery estimates.. Need more exposure... This will be critical for the stock price..