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BHP $26.60

why do this

  1. billytea

    1,544 posts.
    Just a part of a newsletter:
    Gold Stock Alert
    The beginning of the end?

    Bob Moriarty
    February 13, 2002


    "New and interesting. If you want an interesting low grade but enormous copper play, buy Northern Orion (trading as NNO-T) Famed financier Frank Giustra just put together a package for NNO allowing them to purchase the Agua Rica property from BHP. The property has 10 million ounces of gold and 18 billion, that's right 18 BILLION (as in Federal Reserve $ numbers) pounds of copper. Low grade but according to my friend Kevin Klomblies, copper is headed for $1.20 this year. The short story is that NNO is buying $50 million dollars worth of drilling and work for $3.6 million now and $9 million down the road."

    Is BHP so inefficient that they can't mine a 10m ounce resource economically?

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