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Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (179)	2/26/1999 11:59:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 672

Basically, as of last December, proven and probable reserves stood at: 275,976 tons of 198 g/t silver and 3,42 g/t gold. Metal content: 30,000 of gold 1,757,000 ounces of silver. That grade looks good for $300K per month. Maybe they will be mining high grade stuff in the first few months or they have found some unreported higher grade reserves. The gold content is higher than the silver, so ECU is more a gold mine with silver than the inverse. Still an interesting little project with potential to grow. All will really depend on future reserves. BTW, do you know if they are mining 450 tpd on a 5 days/week or 7 days per week basis?