cost evaluations, page-4

Rowser,

$560 an ounce is the "Extraction" cost for small/medium companies, with the amount decreasing for the 'Big Boys'.

The price of extraction may fall back 10% within the next 6-12months, so by the time the management get their act together as well as the equipment etc, RRE cost will be further reduced.

Once RRE starts to extract, This company will start to move upwards, as you may have noticed, many GOLD mining companies are finding it tough to start the initial phase, and many going out of business or being taken over! tough times ahead.

I for one have faith in RRE, they have a Large area of Scope, and many many interesting Targets.

V