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Gold/Mining/Energy : Precious and Base Metal Investing

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To: E. Charters who wrote (26094)	12/30/2003 1:24:37 PM
From: The Vet	Read Replies (2) of 39344

I agree that KRY has too much baggage but I don't think Venezuela itself is a problem, GFI is moving into mines and exploration there big time and Hecla has operated mines there for years without any issues. For that reason I go with GRZ as the most obvious target. A 10 million ounce deposit with significant copper, projected cash costs around $150 an ounce and currently the most undervalued gold in the ground proven reserves of all the gold stocks bar none. Where else can you buy 10 million ounce in a single deposit for $13 an ounce....

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