Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: DetectiveT who wrote (4842)	1/16/2006 4:32:53 PM
From: ogi	Read Replies (1) of 78419

DT: At least it is comforting to know that EPM has the goods and will get there in the end. I am not partial to the time between the end of exploration and the start of production. The focus changes, as do the investors. I don't own it. It is unfortunate that they were also forced to hedge in order to get financing, perfectly normal of course, but I wonder if there will not be a discount attached as they go into production selling $470 gold. What will POG be then?? Nonetheless, once they start to produce as per the mine plan( meaning no unforeseen hiccups) it will be rising in price and may start rising a few months before they actually commission the mine. Despite "our" experience with CGE I would not discount the possibility it will run again on anticipation of the drill!! Cheers, Ogi

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