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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From: LoneClone	8/20/2006 4:04:50 PM
	of 78419

I just finished taking some time to look at Rio Narcea, and I am thoroughly undecided. Plusses: Ni production will generate massive cash flow Copper hedges soon off Mauritanian gold mine on schedule for production next year Takeover candidate Negatives: Management has made some errors, chiefly Refusal for permit for Salave gold mine in Spain, which has led them to close the nearby El Valle/Carles Au mines as well Hedges Fair amount of paper out If the pps can break through $2.80 there could be a lot of upside, which means the warrants might double or triple in short order. Hmmmmmmmmmmmmmmmmm. LC

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