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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TrueScouse who wrote (6435)	12/30/2002 12:21:19 AM
From: Claude Cormier	Read Replies (3) of 39344

I don't see 5M ounces at Meadowbank. But all together with Meliadine, CBD will have 5M ounces. The economic threshold for CBD is more $350+ than $325 due to high Capex. AT $450 gold, CBD will sell for at leat $100 per oz if not $150. Assuming Meliadine come back to life with a more dynamic miner than WMC, that will mean $15-$20 on the stock.

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