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: AuBug who wrote (23772)	11/5/2006 3:09:41 PM
From: baystock	Read Replies (1) of 78408

>They do a comparison to the market value of 8 gold producers and come up with a c$3.60 price for AUQ.v based on 600,000 equity oz gold.< That is either a bad joke or a fraud for AUQ to assert that a micro producer will get the same valuation as an intermediate producer. Who in their right mind would pay US$160 million for just 600,000 oz of recoverable gold ? Why stop at comparing themselves to intermediate producers, why not compare themselves to an American Barrick on a per oz basis ? Aurogin's CEO use to be the CEO of Geomaque resources which was a big disappointment despite similar low cost claims for their mines in Central America.

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