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Gold/Mining/Energy : 2008 Silicon Investor Stock Picking Contest - Metals
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From: seventh_son1/9/2008 9:48:04 AM
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This is a tough choice, but I think that I will pick Quinto Mining (QU) for this year, because I think that this may well be the year that its Peppler Lake iron ore deposit gets bought out -- and right now the market is valuing QU at peanuts compared to what this is worth. Peppler Lake has just too much iron ore already accessible to necessary infrastructure that can be brought online both cost-effectively and relatively quickly once the right deals are made. Iron ore demand has grown far more than I think even any of the big mining players anticipated, and unlike uranium and some other commodities, I don't think that investors in the junior markets have appreciated the change and profit potential.

quintomining.com
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