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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Proud Deplorable who wrote (48103)8/26/2007 10:39:12 AM
From: koan  Read Replies (3) of 78420
 
Ralph, if the dollar goes down big time (whihc I think is very possible) and say gold and silver double in price. Mining stocks will go up 5 to 20 times in value.

For most mining companies now, any rise in gold and silver prices goes right to the bottom line. e.g., if a silver company is making $1 per oz at these prices and silver doubles in price to $24.00, their profits will go up 1200%.
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