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Gold/Mining/Energy : Golden Goose Resources-GGR (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: gtr who wrote (8)	1/20/1999 10:52:00 PM
From: Brumell	Respond to of 14

I'll take a look too, gtr. Biggest problem before even starting though, is the name. Two immediate connotations come to mind - I'm sure there are more. Somebody somewhere has a sense of humor. B....:-)

To: gtr who wrote (8)	1/23/1999 12:48:00 AM
From: Brumell	Read Replies (1) \| Respond to of 14

It doesn't seem to add up, GTR. Their news releases refer to 20 million tons of ore grading 0.05 ounces per ton. At US$300 gold, that would mean ore value is $15 ton. However, take it further. Recovery is estimated at 75% reducing value to US$11.25 ton. Unfortunately, price of gold is currently under $300 making situation even worse. Can't see anything here, GTR. With gold at double today's price it would still be thin. Possibly I'm missing something. Perhaps there are other areas for exploration on property. Maybe Mr. Kaiser is simply stuck with some stock. B....