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Gold/Mining/Energy : Southwestern Gold
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To: Raymond M. Mullaney who started this subject12/8/2003 6:46:21 PM
From: Wayne Whalen  Read Replies (1) of 585
 
Southwest Resources SWG-T has real good results on their silver property in Peru and excellent results on their gold property in China but as yet have no resource calculations on either property and their stock is in the $40 range. No major has done a drill on their properties although Newmont bought 450,000 shares at $15. They have money in the bank and the shares outstanding are slightly higher then MDW but basically the same. Now, their drill result are very good but so are MDW's. MDW have a major(Newmont) on board to give credibility to the drill results on one of Midways properties. Midway has annadditional property at Spring Valley Nevada and the drill results that just came out are excellent and Newmont is now also interested in it too. I was around during the BREX thing and lost a potfull. I can't believe that anyone whould buy SWG stock at more then $2.00 with no major involved to keep things honest. MDW is at bargain basement prices for now and going to be well worth the ride. Once the world takes notice and spots this thing sitting right under their noses, the bottom feeders will miss the boat. I lost six figures in the BREX days and have steered clear of gold for years now but l think the time is right with gold prices rising and this is the securest play l could find to possibly recoup my loses. Because Newmont is excited about Midways property in Nevada they have joint ventured and are about to undertake a 600 hole drill program to expand and determine resourses. They have received approval from the Nevada Dept of Mines to commence the drill program and news is expected out soon to confirm that approval. To cap off, l think we can't lose at this price ... as close to BlueChip as one can get in the mining sector of the stock market. Do your research and see if l might be right.

Wayne Whalen
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