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Gold/Mining/Energy : Canadian Warrants Only
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To: tyc:> who wrote (8702)6/9/2009 11:15:50 PM
From: onepath  Read Replies (3) of 23091
 
Try this again..

Spoke with Ryan King(Investor Relations)for TRX.Everything looks to be coming together for Sept.

..Recent share strength is from new investors...TRX just completed a road show in New York and Europe.

...B.C. envir. permit was issued with no prior knowledge to TRX until the press release in Prince George.

...Fed. envir. permit result should be out by Sept.

...Goldcorp is only interested in Mt.Milligan.Berg will not be part of that deal.

...Goldcorp has option to convert TRX shares into a J/V interest till Jan. 2010.Max J/V interest is 60% but he felt they may want to own Mt.Milligan outright.This would increase Goldcorps gold reserves from 46.3 million oz. to 50.9 and lower their overall gold cash costs from (U.S.)300$ to $US283.
Quite substantial!!

Mkt. cap/oz resource for TRX is $12 au. equiv. and $25 au. only.....compared GUY $58 OSK $198 or AGI $303.
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