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

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To: Gib Bogle who wrote (45335)7/20/2007 6:54:00 PM
From: E. Charters  Read Replies (1) of 78419
 
Possibly some people thinking it is not as spectacular as what was at first thought. Reality cannot precede unreasonable expectations usually however.

I like it better now that it has a few good intersections out. I never expected its wide wide wide first hole to continue.

It is a solid play in fact. Good chances. If one had reversed the drill holes, it would have been better, but there are more to come obviously.

A fact is with its shares out, unless they find a great deal of nickel they are just about discounted. If you analyse a reasonable small mine, with reasonable tonnage, and medium grade, with about a 7.5 PE and normal profitability with perhaps 15 dollar nickel, they may have maxed out price wise. This is pure spec of course.

EC<:-}
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