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

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From: koan2/14/2006 2:12:32 AM
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All about silver: people must also remember it was the heap leaching that temporarily raised supply so much. Especially silver in oxide ore. As the oxide ore ran out using processing sulfide is more expensive.

But here is the headline news. Today 90% fo silver is used for industrial needs. It is the worlds best refractor, electrical conductor and maybe an antiseptic in the future.

1980 was a 16 to one ratio i.e $850 and $52.

If we are now going to be in a consolidation range fo say $500 to $600 gold and $8 to $11 dollars silver then I start trading my majors which will pretty much sit and buy the proven explorers or mine development or buyout companies. Stocks with something dynamic going on. DRILLING!

Some mining stocks I ahve been moving into and I think are on to something substantive are MAI, CDU, BCM, CKG, ECU, EXN, RDV, AUA, UNB, YZC, ABI, LAM, BWR.

Disclosure, I own about half of those.
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