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Strategies & Market Trends : Ride the Tiger with CD

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To: hank2010 who wrote (72639)1/24/2007 4:28:59 PM
From: ceejayt  Read Replies (3) of 313022
 
Hi Hank

Management exercised over a million options in November and their Geology team is impressive. The grade of gold seams low to me, although I have no idea what a good grade is - .24oz of gold per ton as average on the South Eureka deposit. They may make an announcement within ten days. Having said that, at the last minute I decided to go to the gold show and it seemed to me that all the companies were making an announcement within two weeks.

James Turk believes gold will be in the mid 700s to 800 within 60 to 90 days - I would not bet against him.

CJ
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