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amarksp

11/28/03 6:59 PM

#542 RE: sirrah666 #541

sirrah666, thanks for your post...

Sure would appreciate learning how someone in Poland keeps apprised on AGI, i.e. do you call the company, call a Canadian broker, or some other means...?

Thanks!

amarksp

11/29/03 1:47 PM

#550 RE: sirrah666 #541

sirrah666: in regard to your comment:
"can put off production phase beyond the span of Millar's life plans"

My understanding is Alamos should begin production no later than first half of 2005, personally I believe that 1Q 2005 can be met. My understanding is AGI has already begun some stripping prior to completion of the new 1Q 2004 feasibility study, which is indicative of their confidence in this study being favorable. Per RBC report page 1: "We estimate that a mine at Mulatos could produce an average of over 100,000 ounces of gold per year for slightly more than 12 years and we expect production to begin in mid-2005 following a one year construction period."

Thus, your comment that production may be beyond the span of Millar's life seems inaccurate. Water rights and ejidos issues still need to be resolved which could cause project delay beyond this 1Q05 projection...

Your comment: "Mr. Millar treated Mulatos more as a personal and self satisfying challenge than business" is interesting and could be accurate. What is the basis of this observation?

Thanks for your posts and views, look forward to reading more of your comments on AGI.