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: SwampDogg who wrote (16686)	7/20/2006 7:10:09 PM
From: koan	Read Replies (1) of 78409

This was not just any run of the mill 15 feet; 15 feet of $1,454 dollar per ton ore!; and it is what it portends. The market,including I, saw that drill hole as a potential representative sample of what could be there. Almost 2 million shares traded/breakout! Additionally, the 15/16 feet was 20 meters below all old workings. But it was also the huge breakout in volume and a countertrend today being up .05 in a big down market and people not selling the news. Personally, I think this is how you play this game. The speculative implication of this drill hole also puts a floor of sorts on the price. Halting was very appropriate IMO. But this is what makes a market, you sell this news and I buy it-lol. We will soon now who is right. I also like the fact the have 300 tons of milling capacity and are in or will be in small production, so they can mine this ore body soon. UC also has a large land package in Mexico and a couple of small mines.

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