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

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To: marcos who wrote (63192)	1/30/2009 6:50:17 AM
From: tyc:>	Read Replies (1) of 78416

>>What i'd like to know is who's selling Terrane We'll never know ! I don't like it, but I'm encouraged that the market can absorb so much. If future Cu price prospects are the trigger of the sales, it's relevant to bear in mind that as the copper price declines it becomes less significant in the overall value scheme. Currently it represents less than 40% (~38% ?) of total value, and by my calculation the total current value still suggests an economic return. (Irr ~ 16%, compared to FS base rate of 18.1%)

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