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Gold/Mining/Energy : Madison Enterprise, MNP/VSE
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To: nchan who started this subject2/8/2002 10:35:52 AM
From: marynell  Read Replies (2) of 285
 
Claude,

I checked Madison's website, and they show that they have 90% of 1.8 million ounce gold resource in new Guineau. Yet Madison's market cap is only about C$4 million, which is ridiculously cheap. Is there something wrong with this deposit? Too deep? Native rights? Bad metallurgy?
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