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Gold/Mining/Energy : Gold and Silver junrs- portfolio
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From: pocotrader4/4/2008 1:30:32 AM
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I'm going with my contest pick Oro.v, reason, partnered with Barrick in Peru with the Tres Cruces project, Oro has 30% of the project, Barrick pays all the bills and pays Oro $250,000 every year and will pay $1 million to Oro if Tres Cruces goes into production, Barricks been involved since 2004 and they are still drilling, there was measured and indicated 1.7 million ounces of gold before they started to drill, Tres Cruces in in close proximity to Barricks Laguna Norte mine, Oro has only 16.2 million shares outstanding.
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