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Strategies & Market Trends : Ride the Tiger with CD
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To: Eva who wrote (6002)3/22/2004 1:17:11 PM
From: Claude Cormier  Read Replies (3) of 313404
 
Eva,

The current environment is bad for CLG and will be proved to be bad to other potential miners as well. Although CLG is a special situation, it teaches us a lesson.

However longer term, as gold prices move higher, reserves increase and costs stabilize, this will look as a bad episode.
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