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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: koan who wrote (44861)7/14/2007 1:33:04 PM
From: jackjc  Read Replies (3) of 78408
 
Agree 'Resource World' is the finest jr mining mag I know of.
Have subscribed for several yrs, take a few pages out each day and
read in spare moments. Some coverage of oil/gas, altern energy, etc.

But as far as valuation using: 5% X metal X todays metal price.
That is far too generous in both metal price and percent.

Metal price for Zn would be 70 tops at present, could not be financed higher.

And percent value could be anywhere from 1% to over 10%, depending on all the factors; costs, infrastructure, type of mining, nearness to prod, country risk, and on and on.
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