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Gold/Mining/Energy : Precious and Base Metal Investing
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To: jimsioi who wrote (15120)7/31/2003 12:32:17 AM
From: Claude Cormier  Read Replies (2) of 39344
 
I believe that 5% will prove to be low. It coudl go for as much as 12-15%. The reason is that CAPEX for this project are expected to be much lower than comparables anywhere in the world providing a much higher IRR.
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