GEOMAQUE Message Board - Msg: 15359049

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Gold/Mining/Energy : GEOMAQUE

GEO 14.93

+0.6%

Nov 12 4:00 PM EST

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To: Bat Man who wrote (205)	2/15/2001 3:49:22 PM
From: TrueScouse	Read Replies (1) of 260

Elmer: GEO continues to do well, on very high volume. Looks to me that there is a lot of interest following the BMO/Nesbitt Burns report of Feb 6th (on the GEO website). That report suggests a (conservative) "implied after tax value" of $1.02 per share. This is based on an updated estimate of the value of the resource of the Marathon palladium project. In addition, GEO will have positive cash flow very shortly from the new Vueltas del Rio mine. A great combination.... producing low cost gold mine plus one of the most promising Pd plays in N. America. Also, IMHO, this would be confirmed by technical action. If it breaks through the current resistance at 50 cents, the next serious resistance is at $1.00. It's nice to have some good news for a change! Regards, Howy

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