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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (20734)10/26/2004 3:06:26 PM
From: re3  Read Replies (1) of 110194
 
Date: Tue Oct 26 2004 14:03
trotsky (@BGO financing) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
there's a very good reason why every single financing announced by BGO over the past 2 years has with hindsight proven to be a buying opportunity - when Kupol is up and running, this mine alone will produce between 700 - 800,000 ounces per year at a cost of about $40/oz., which will make it the most profitable gold operation ever seen on the planet.
if everything including Cerro Casale pans out, BGO will become one of the top 10 producers, producing more gold than e.g. KGC, and at a much more palatable production cost to boot.
this certainly puts the high share float into perspective.
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