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

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From: silvertoad1/31/2006 1:24:25 PM
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i always love reading john hathaway of tocqueville funds!

Our portfolio contains optionality to gold that has yet to surface. With significant exposure to small cap exploration and development companies, we stand squarely in the path of an impending takeover frenzy as large cap producers decide to reprice the economic potential of reserves assuming $500 gold. When they do so, they will abandon their timid ways and become voracious acquisitors of small to mid cap companies. We are seeing early signs of this, and expect this change in behavior to become more evident as the year progresses.

gold-eagle.com
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