FHE 0.87% 58.0¢ frontier energy limited

only the traders get burnt here we know what we have and the...

  1. 14,954 Posts.
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    only the traders get burnt here we know what we have and the lies going around yesterday pathetic. A bit of research will tell you the truth,

    At Winston Lake, following an initial re-evaluation of the ore reserves and the mine plan,
    operations were suspended on December 4, 1998. During the subsequent two months, a
    recalculation of the resource and an evaluation of alternative mining methods at Winston Lake
    were completed based on data from a test mining program and results of additional underground
    diamond drilling. These studies concluded that the resource is not economic to mine without a
    substantial and sustained increase in metal prices. As a result, Inmet decided to permanently
    close the operation. In 1999, Inmet will proceed with closure activities. A $36.3 million write
    down, representing Inmet’s carrying value of Winston Lake, was recorded in the fourth quarter

    from the bottom of page 3 the inmet quarterly 1999.
 
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58.0¢
Change
0.005(0.87%)
Mkt cap ! $259.1M
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57.0¢ 58.0¢ 56.5¢ $372.3K 649.3K

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