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

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To: loantech who wrote (17537)8/4/2006 9:29:12 AM
From: Mr. Aloha  Read Replies (2) of 78410
 
As you can see from Table 1 on page 3 of the April letter to shareholders, the Schaft Creek deposit compares favorably to the Northgate Minerals (NXG) Kemess deposits and could be similar to the NovaGold (NG) Galore Creek deposit, despite having only a tiny fraction of the market cap of those two neighboring projects. While Schaft Creek still has a ways to go before it gets to the production stage of Northgate’s Kemess South deposit, or even the feasibility study stage of NovaGold’s Galore Creek deposit, the market caps of those stocks gives you an idea of the potential for the Schaft Creek project and Copper Fox if everything goes as planned.

Wow -- With NovaGold's market cap over $1.7 billion, and Northgate's around $1 billion, it looks like Copper Fox, with a market cap under $30 million, could be a 10-bagger or more. However, with all the acquisition attempts in the area, it's likely somebody will buy them out before then.
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