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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Elizabeth Andrews who wrote (22639)10/22/2003 11:50:59 AM
From: E. Charters  Read Replies (1) of 39344
 
On the other hand the ratio of cash inflow in the biggie copper ideas of la Friedlander to the Mongolian tax base must interest the government to a degree. If the thing passes feasibility, the government is bound to be wildly interested in doing an IMF loan to help out. IMF loans will be easier for the Mongolians to get than it will be for Friedlander to finance IVN at a bank.

Taxes on a biggie copper show at 100K tpd and 20 dollars a ton would be about 116 million per year or thereabouts.

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