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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Claude Cormier who wrote (20939)9/17/1997 3:23:00 PM
From: Richard Mazzarella   of 35569
 
Claude, <<What kind of reserves and production level are you thinking of to make such a claim ? Reallistically.>> I don't think realistically counts when it comes to the derivative markets since that market is driven by simple speculation. Remember the talk of Bre-X and the potential impact on the gold market? Nothing was proved, but that was only 200MM oz speculation. Rather than add up the oz speculation from all the desert dirt's and just have everyone laughing, I would recommend that you take some time to study the conjecture from all the dirt's. Just following one gives too little a perspective IMO. I know that Ron has been following all of them and his webpage has condensed information for the serious dirt's. Any of the current dirt's make the promise of Bre-X look like a pauper. Speculation: what if it's all true?
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