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Gold/Mining/Energy : Gold and Silver junrs- portfolio

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To: TheSlowLane who wrote (89)4/4/2008 12:40:33 PM
From: jrhana  Read Replies (1) of 328
 
In which case I recommend VMS.V. The have hit a sweet spot of copper and zinc. They keep coming out with long intercepts of 5% metal. They are in very mining friendly Manitoba and are near to infrastructure like roads and electricity.

Their chief Geologist George Gale is supposed to be a true genius who has devoted his life to the geology of Newfoundland.
The company is an ace at using VTEM technology.

He has put his money where his mouth is. Despite having a large number of warrants, he recently put $38,000 of his own money and bought shares on the open market at around $.70. It is dirt cheap right now at $.60

Despite hitting multiple long rich intercepts, the company has stated they do not think they have hit the mother load yet (ie the main ore body) but they anticipate doing so this summer.

The company seems like a lock to bought out in the future by its neighbor HudBay which itself will undoubtedly be bought out by one of the mega companies. I think it is a potential repeat of the WTZ to GLG to GG buy out scenario.

And (saving the best for last):

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