SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Goldcorp
GG 11.19-2.0%Apr 17 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: coug who wrote (14)6/4/2002 12:01:30 PM
From: BEEF JERKEY  Read Replies (1) of 185
 
Thanks!

RUP.V is "speculative" but I do like the available information right now. Seems to me Goldcorp wants to increase production and one way would be to develop the "Far East Zone" into it's own "stand alone" mine. If that takes place then I see a partnership or buyout of Rupert.

Other very possible scenario's could be a partnership with one of the large hedged producers. If gold continues up they are going to need new quick sources of gold fast.

I bought RUP.V based solely on it's future prospects which really brightened this last week. Check out Goldcorps just released outlook 2002. Scroll down to the part about the Far East Zone. Look very closely at the maps. I copied them and compared them very closely with the map showing the Rupert Property. The map showing the ultramaphic over lays right onto Rupert's property.

This is one of the richest, but definitely most profitable, gold trends in the world. RUP.V is sitting right in the middle of it (Goldcorps's Info), it has 15,000,000 shares out and it's selling in the mid $.30's. If it has 1/3 the Gold Goldcorp has found at the High Grade Zone (it's only 5,000 ft away and Goldcorp really likes the Far East Zone) RUP.V is worth at least 200 times what it is now.

I figure Goldcorp is a sure thing best to keep ones eye focused mostly on it. Still throwing a bit of cash at Rup.V could be a nice play. The only real downside is nobody knows about it.

Cheers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext