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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (32667)2/12/2007 7:07:59 PM
From: loantech  Read Replies (2) of 78419
 
Compared to GGC EDR has 50% more shares out FD.
<Reserves & Resources - Reserves total 3.48 million oz.of silver plus gold (3.79 million oz. Ag Eq.) Inferred Resources total 10.66 million oz. silver plus gold (12.00 million oz Ag Eq.) This data is NI 43-101 compliant. An additional 4.37 million oz. silver eq. in Historic Resources, not NI 43-101 compliant. >

What's that add up to? About 34.2 millounces all categories??

Genco:
<Genco's La Guitarra estimate is 442 g/t Ag in 236,100 t

2006-10-27 11:48 ET - News Release

Mr. Gregory Liller reports

GENCO REPORTS 4,153,000 EQUIVALENT SILVER OUNCE RESERVE AND 51,108,000 EQUIVALENT SILVER OUNCE RESOURCE AT LA GUITARRA >

Not sure but it looks like GGC has a smaller share float, smaller Market cap and more silver equiv. If not in total the next few rounds of news with GGC's 50,000 meter program will boost it.

Are those numbers right? Koan, Marcos, jackjc comments?

AND THEIR WEBSITE IS DARN SLOW! <g>

Koan EDR has 52.3 mill FD. GGC has 35.25 mill shares FD.

PS: for the 1st half of 2006 I think GGC averaged high head grade of about 506 g/t ag equiv.

You just don't want to own GGC. <G>
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