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Gold/Mining/Energy : Francisco Gold - FGX.V

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To: Paul-D who wrote (1732)3/4/2002 1:13:19 PM
From: TheBusDriver  Read Replies (1) of 1907
 
Do I think $30 is possible? Sure. Do I think FGX will get there on the back of POG at $350? No! Might make it to $15 on $350 gold alone.

I only mean that $15 is a minimum target for me. What I do when we get there depends on how/why we are at $15. That is nearly a triple for me. I would be foolish to not take a bit of profits on a triple!

FGX will have to prove up some more resources or spend some cash doing a good PR job for $30 or both. I don't think a buyout at $30 is realistic either, but could be at $350+ gold.<g>

Wayne
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