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Gold/Mining/Energy : GSS-Gold Star Resources

GSS 3.900

+0.3%

Jan 27 4:00 PM EST

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To: sammaster who wrote (164)	11/23/2007 10:17:33 AM
From: X-Ray Man	Read Replies (1) of 200

Well, gold did its pullback and now appears to have found its support again. As the market settles from credit jitters, but with continued price support for oil near $100 and weak dollar, I expect gold will continue to move toward testing $1000 target by January. GSS meanwhile has not really reflected the recovery in gold, but with gold well over $800, any reduction in cost of production will generate significant increase in earnings in the 4th quarter. If you are correct, and we get anywhere near to the $400's/oz production, GSS could double in January?

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