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: Proud Deplorable who wrote (7118)	2/25/2006 2:27:12 PM
From: koan	Read Replies (2) of 78416

This is the first time I have seen 1987/1980 action in mining stocks: I made a ton of money in 1987 (most on Pegasus wts) , so I remember it well. Saved me from bankruptsy-lol. Divorce (grin) and huge bear market in real estate and I had a lot of real estate. It seems we are entering a new stage in the juniors i.e. the undervalued plays are popping one after another. so I look for breakouts. One junior after another is popping as they issue good drill results or are discoverd by many of us looking for the same thing, undervalued juniors with ore and or close to production. How long has it been since anyone paid any attention to drill results? I like the quality pennies because they are soooooooooooo undervalued and so can double and triple in a day. Think of stocks like RDV or CCM that should be $5/$10 stocks right now! Let me begin by saying ECU seems to be one of the best right now and on the move. If any stock is not moving I have to have a very good other reasons to buy it. But here are a couple to look at in my opinion. And I would only buy them for diversity and after I have my full of ECU: MAI is almost the same price and story and stage of production as EXN and ECU. I advised many of my friends to buy a basket of the three with the weighting toward ECU. The other nice thing about these three is any one of them could hit the motherload at any time! Lots of drilling in very rich districts. RDV (.28), has a mine in North BC has 7 million tons of 6% zinc, 1.5 copper, 1.5 lead, 3 oz silver and .1 gold. They have all their permits and will renew effots to put the mine into production. The telsequah chief and Big bull were in production in the 50's. CCM (.85) is similiar again and right across the river. Lot of 1/3 oz gold (Hemlo grade). Also in production in the 50's. Silver Wheaton wts still give from 2 to 3.3 leverage depending on whether one gets reg, A's or B wts. They just announced a huge deal on Friday whereby their production will increase from 10 to 15 million tons a year. They also own 2 working mines and 15% of BCM. I think the management is setting this up to be a huge proxy (like and ETF). Big day Friday. BWR (zinc,copper,silver,lead and gold) wts .43 (3 producing mines and a forth on the way) seems about ready to go. Huge buying late in the day Friday. Last ABI .45. Disclosure: I own all of the above except CCM. All of the above did much better than average on Friday.

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