TSXV:MGC.H - Post by User
Comment by
spearheadon Sep 20, 2001 10:40pm
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Post# 4214362
RE: 600,000 OUNCES OF GOLD
RE: 600,000 OUNCES OF GOLDI was one of the people that was in on the IPO back in 1996,(before Sedar) at that time Turquetil had about 350,000 oz proved and over 600,000 oz probable and was still open in a couple of directions. The problems at the time were a sinking Gold price and the isolated location of the claims. But if gold goes through the roof with all the turmoll in the world this stock could be worth dollars just on the gold let alone Data com.Look at a stock like Cumberland thier property is not far from Midasco's.
I have been told that they expect Data com to post a small profit this year. Not bad in this world.
Does this help?