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

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To: LoneClone who wrote (27342)12/8/2006 2:58:35 PM
From: TrueScouse  Read Replies (4) of 78416
 
LC:

Nice write up on EPM. I like this bit a lot...

<<a 12-18 month target price of C$5 per share on European Minerals is called for. That would represent almost a 6 bagger in the stock from current levels, and over a 10 bagger in the company’s levered, long-life A-Series warrants.>>

Couldn't agree more! <g> Once EPM trades steadily above $1.00, the warrants will start trading in tandem, giving leverage of at least double initially. I think that the only reason it's been soft recently is the "normal" quiet time for mine developers -- after the FS and during the mine development. Once they get closer to production next year this one should really fly. JMHO, of course, backed up by a large position! :^)

Best regards,
Howy
PS: (OT) Tomorrow... Portsmouth 1 - Everton 3.
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