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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (56278)2/5/2008 12:18:07 PM
From: Claude Cormier  Read Replies (6) of 78410
 
A nice deposit. But two much base metals for me. I think base metals prices could be cut by 50% in the coming recession. So I prefer gold.

IMO, there is time to buy this one. Maybe in 12 months plus, after they obtained financing start construction and approach commercial production.

Have you look at DMM? My top for soon-to-be-producer: MFL, DMM, WGI, EPM. DMM is the most undervalued of all 4. So it is worth a position, even if it the one with the higher political risk.

I think DMM is even more undervalued than ARU is.
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