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You would have to have guts for this one, with the silver market the way it is, but if you beleive there will be a shortage in it in the future, check into United Keno Hill, UKH.TSE. This company recently lost 65% of it's value when delayed permit from Yukon authorites, and closing of ANOTHER mine near by in the Yukon caused financiers to get cold feet. While the search went on for new capital, the president left to take another position, emplyees were laid off to conserve $ while the search for funds went on. Waterboard hearing on the 9th, a financing may follow. This mine, with 24 million in proven reserves traded as high as $70 a share before it shut down to reconsolidate, and really has been hit with bad news lately, but at .60, it is really a steal, check out the UKH thread. Brian |
