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

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From: que seria	1/9/2008 11:31:22 AM
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Here's the resource estimate for which Geoinformatics halted: biz.yahoo.com I like GXL.V and own a lot of it. Some very cheap ounces here, given the market cap. 135M shares out, now at .14 = $19M for the company. I'd buy it outright and turn it over to someone (Howy?) but I'm short about $18.xxM. <snip> ... initial independent mineral resource estimate on the Whistler and Main Zones at its Whistler Project in Alaska. The report states that the greater Whistler Zone holds an Indicated Resource of 840,000 ounces of gold plus an Inferred Resource of 2.74 million ounces of gold. Consideration of the silver and copper mineralization associated with the gold, produces a gold equivalent resource of 1.31 million ounces in the Indicated category and 4.44 million ounces in the Inferred category. ... The resource estimation process has also highlighted several untested areas of the Whistler Zone that have the potential to increase the mineral resource significantly, which will be evaluated with follow-up drilling in 2008.

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