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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (387)1/21/1999 3:46:00 PM
From: I Am Sandman  Read Replies (3) | Respond to of 1321
 
This to me is one of the most informative, factual news releases on a gold property that I have seen in a long time. It explains proven, inferred and possible, give stats for various cut off grades, and explains the basics of the resource estimating model. No promo here. Sure, there are no huge numbers in oz per tonne format, but look at the cutoff grades and decide for yourself if it's economic. Plus, I'd rather own a gold mine in my backyard (BC) rather than a distant country, often which have risky political environments and subject to social unrest. My opinion at this point is that this can be a very viable operation -- let's await the % recovery results from the bulk sample sent to Ontario.

There is still the BC Vein to prove up, as well as other attractive property.

Remember, BC's economy is slowing, in particular the resource sector, and any opportunity to enhance it will be seriously considered.

I'm not suggesting anyone buy the stock, just giving some points to consider.

Well done Frank! Go make a mine !!