Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Metallica (MR T) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (129)	3/9/1999 9:45:00 AM
From: Dan P	Read Replies (1) \| Respond to of 263

Claude: Metallica is certainly undervalued, and should trade considerably higher in a decent metals market. The Mexican property is advanced, and by itself is a significant gold/silver resource in itself, with partner Cambior. Claude do you know whether they are in feasibility or whether a production decision has been reached? I wonder what role the recent poor metals market has played with regard to this project. Regards Dan

To: Claude Cormier who wrote (129)	3/9/1999 10:56:00 AM
From: baystock	Read Replies (1) \| Respond to of 263

<When you have a zinc deposit that will be more profitable than most open pit gold deposit with a cost near $150/ounce.... Zinc has some of the best fundamentals amongthe metals. > Any idea what will be the net cash flow to SWG from this deposit ? I will keep an eye out on SWG to see if I can get a better handle on it. As for NORPF's gold prospect...I don't know what the NPF deposit is. But the 1.5 million oz I was refering to is in their Tabar Islands project where they completed a feasibility study in which 1.5 million oz was used as the number. If you read through their press release you will see that this study was completed in '98. Also completed in '98 was the feasibility study on the Ramu Nickel project which is as large and as low cost as Voisey Bay nickel project, and where NORPF owns 22%. So including the Triton copper project also, Norpf does have 3 attractive projects where feasibility studies have been completed, and so are much further advanced than any thing SWG has at this stage.