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: Mr. Aloha who wrote (11307)	5/15/2006 12:38:48 PM
From: LLCF	Read Replies (2) of 78416

< Mongolia implementing a 68%+ windfall profits tax bodes very badly for them,> Yes of course... just wondering at what point it becomes a cheap shot... ESPECIALLY with the bought dealers in, how much cash does the company have??? IMHO you ALWAYS look at these bomb jobs at SOME price... for instance: <Reports indicate that the parliamentary vote means that the government would impose a tax beginning at 68% when copper prices reach $2,600 a tonne ($1.18 per pound), and when gold reaches $500 an ounce. > Well, how much money do they make @ %500 per oz??? The stock was incredibly sexy with lower gold prices than that!! AND is that 68% tax after expenses?? If they get that lowered to 50% and it's after expeneses, the stock could be cheap. I'm not pumping it... just pointing out these things are worth looking at. I'm sure it will be a very long haul with lots of politics. One would think the company may want to just stall let the project rot for a while if they can. DAK

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