Ride the Tiger with CD Message Board

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Strategies & Market Trends : Ride the Tiger with CD

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To: TheBusDriver who wrote (43524)	2/21/2006 1:41:46 PM
From: Claude Cormier	Read Replies (4) of 313649

Wayne, Additionally, BCM is selling at a discount to NAV while WTC is fully valued. Sprott has a target of $6.75 on BCM and is buying aggressively today on the favorable drill results. Furthermore, I believe that Santa Ana where drilling will eventually start (now looks like April) seems to be a silver target as good as Corani of not better. If they just come up with one drill hole at Santa Ana that looks like it is another Corani in 2Q, then here comes double digit with takeover in second half. My opinion of course. And I've been wrong in the past. I am probably also wrong on PMI, but I can see max potential for $10-$15 before year end based on potential for $1-$1.50 net profits on an annual basis. For this we need sustained (or better) tungsten prices, reasonable markets and continued smooth operations in Portugal.

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