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Strategies & Market Trends : Ride the Tiger with CD

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To: loantech who wrote (5059)2/28/2004 11:21:45 AM
From: austrieconomist  Read Replies (1) of 313969
 
jumping in. NNO has a 12.5% piece of the producing Alumbrera mine and is projected to receive $25 million from a year of production. This would make about $.25 share in cash flow. Price of NNO about C$3.45. WHT has a 37.5% share in the Alumbrera mine.

NNO has a 100% share in and is intent on developing its Agua Rica copper/gold deposit, about 30km from the Alumbrera.
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