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

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To: marcos who wrote (53408)11/26/2007 4:11:09 PM
From: Julian Augustus  Read Replies (1) of 78408
 
But what the western kelt giveth, the copper fox taketh away ... hmm, big juicy tax loss in bailing out here, just a matter of finding a comparable to switch over into ... rg.v? ... yet more ccu.to?

Take a look at TRX.WT (Terrane Metals). They acquired the Mt Milligan and Berg properties from Goldcorp. Mt Milligan is a large tonnage low-grade copper-gold deposits with a NI 43-101 compliant resource and is at the feasibility stage, while Berg is also a large tonnage low-grade copper-moly deposit. I believe they expect to start production at Mt Milligan in 2010. The warrants are for 5-years and provide good leverage. It has also taken a hit today because of the Copper Fox. I think it is not a bad speculation... I loaded up on the epm warrants (later converted to the As) at a similar stage 3+ years ago between 10 and 20 cents, and it is now my largest position. Could lightning strike twice? Let me know what you think.
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