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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Bloomfield who wrote (5211)1/28/2007 11:58:06 AM
From: james flannigan  Read Replies (1) of 16206
 
Bloomfield, the cash flow at this point on PGD is a bit hard to nail down as we have yet to see total tonnage,average grade and value.But in conversation with Eric,he pointed out that much of the target is land based and that the smaller portion that is under water is shallow (no need for those expensive dikes)It is my understanding that they are now working on the best why to mine this deposit and will have a range of options ready by mid summer.Getting to the stock price I think we could see a boost in the next few days as Eric was talking this weekend with some houses.On a bit of another tip you may want to have a look at Lithic Resources LTH.V I have being doing DD on it as well as laying some plans with management to raise the profile of the companies $3 billion dollar zinc ore deposit in Utah.The company is trading at a market cap of only $16 million and has bids out to drill 10,000 meters ASAP in an attempt to up the resources as well as putting the ore into NI 43-101.The deposit has outstanding grade at 8% zinc.At only 60 cents a share it is my view this LTH will be a 50 bagger... James
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