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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by coach247on Apr 09, 2007 5:43pm
580 Views
Post# 12573501

RE: Goldman8

RE: Goldman8Hi Guys! Keep in mind that Moris will also produce silver along with the gold. Even assuming only a 70% recovery efficiency, I think that still would generate something between 80,000 to 100,000 ounces of silver per year, but I am going from memory here so perhaps my numbers are off. Whatever the contribution amounts to, it is just another source of additional revenue that will strengthen the bottom line for the operation, and also perhaps generate more interest from investors if silver breaks out above $15 later this year. cheers! COACH247
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