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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: koan10/28/2006 2:06:30 PM
   of 78419
 
The main reason for Kaiser's recommendation for LTH is that the The Resource Capital group is a major shareholdeer and is a venture capital outfit which specializes in financing advanced metal projects.

One of its major investments has been EuroZinc Mining Corp (EZM-T: $3.90), whose acquisition of the Neves Corvo copper-zinc project in Portugal was largely financed by the Resource Capital group.

On August 21 EuroZinc agreed to merge with Lundin Mining Corp (LUN-T: $41), a similar former junior which had assembled a portfolio of copper and zinc mines in Sweden and Ireland that was benefiting from strong base metal prices.

I think Kaiser believes This group will pour tons of money into LTH to get it into production and they have tons of cash.

LTH is sitting on 2 billion + of zinc with lots of blue sky. Right now the entire LTH company has a cap of about 12 million. This play could go to the moon real easy!
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