Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (4029)	1/2/2006 2:35:21 PM
From: TheSlowLane	of 78408

tyke - I would love to let you have the final word, but I am afraid that I cannot let this one pass. "As of September 30, 2005, Novicourt has $36.7 million of cash and cash equivalents." With 20MM shares outstanding, that is a little less than $2/share in cash. Furthermore, we're talking about $1 billion in cash vs. ~$40 million, so when you look at absolute numbers they are clearly not in the same league. Nice try though! Now take your chihuahua and go sit down in the back of the bus! Just kidding! Novicourt actually looks like a very good zinc play, 2006, should be very good for those. Just listened to the Teck presentation from December at Bear Stearns. The Pogo gold mine is coming onstream in Q1 this year. Slated to produce about 200K ounces/year. Only 10 year mine life, but they think there is a lot more gold waiting to be discovered there. Lots of exploration dollars are slated for copper-gold projects in 2006. Also, Teck owns pieces of over 30 juniors. Nice...

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