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

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To: loantech who wrote (22764)2/22/2007 11:34:23 PM
From: koan  Read Replies (1) of 78419
 
Listen, I think we should pitch into buy bronze staues of LC and John Macarthy. LBE and BMC were both identified in the .60's.

Boy, has BMC seemed strong. The buying is relentless. 34 meters of 4.65 nickle even if they only get 25%. This could get to $3 pretty qucik and overshoot at maybe $4.

RNG if all is normal could get to $20 or $30 when their gold project comes on line. 18 million pounds of nickel at say $20 is 360 million dollars. They were planning on $2.99 nickel whihc is 54 million. 360 million minus 54 million is all additional cash.

And the copper and PGM's 20,000 oz.

In 1987 pegasus went from $6 to $35 with a lot less than RNG has and a lot lower metals prices.
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