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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play
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To: Winzer who wrote (85)10/5/1999 10:04:00 AM
From: chevalier  Read Replies (1) of 343
 
the gold action will only help NRL as it will bring much needed liquidity to the resource market. What the market has been lacking for the past couple of years is mutual fund participation. They are now jumping in a hurry into the producers and are making serious money doing so. These profits should find its way into the juniors. I have always felt that the market needs $325 gold at a minimum before junior exploration companies start to show some life. Looks like we are there now. $350 would really get bring the action into the junior market. The great thing is that because of the pulverization of the junior market there are very few juniors that have quality projects and the cash to explore them. Fortunately NAR is not one of those companies and should begin to see some interest if the action continues.
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