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: jpthoma1 who wrote (16511)	8/15/2006 10:37:17 AM
From: aknahow	Read Replies (2) of 78409

CZZ news today. Canadian Royalties Inc.: Bankable Engineering Feasibility Study and Environmental and Social Impact Assessment Study Awarded Waitng for trading to see if anyone cares. Very interesting article yesterday in WSJ on POSCO's nickel problems and vertical integration comeback, especially in metals sector. BTW I realize that no one can predict the future price of any product but using a downside range to understand the impact of volatility provides more information than phony low base cases. The bank or lenders can always choose to use the 50% or even 75% worst cases as a basis for provision of funds.

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