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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: Elizabeth Andrews who wrote (108)	6/12/2002 9:06:56 AM
From: 4figureau	Read Replies (2) of 5423

SML - Stealth Minerals Limited ..no longer under the radar screen thanks to Elizabeth Andrews who wrote on May 1st: >>Gold, gold and more gold. I still like the NGX a lot. I'm trying to find the 6 cent investment grade junior with the killer property that takes the stock to $5 in a week or two. The senior and mid size producers are all fairly expensive and without much leverage. There's some interesting junior company drill programs underway or about to start. The best thing about right now is that the past four years has taken most of the fat out of the exploration plays and the best properties remaining are going to get some serious work. Lot's of leverage and a new discovery will bring lots of cash into the play. << Message 17409167 Interesting to note that Stealth's Pine property is within 5 kilometres of Northgate's (NGX) Kemess North deposit. Last week a group of underwriters indicated that they are to raise up to $125 Mil.for NGX, bringing the value of its share deals during the past six months to $290-million. NGX deposits amount to around 15 million oz's of gold equivalent. Elizabeth also noted: >>In addition, the immediate area has significant exploration potential as this type of setting usually has clusters of mineralized intrusions. The property consists of 100 square miles.<< It is possible that if SML proves up enough reserves that one day NGX may be interested. SML closed yestreday at 0.16. More on Stealth Minerals later.

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