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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: riskyinvesting	4/6/2010 1:39:13 PM
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Jerrymac- Opening PP only makes sense with zinc and lead prices over $.80 or so. Prices collapsed before they could get financing - a good thing I think. With lead and zinc currently over $1 it makes sense. Nothing will happen without financing. Its still a long shot that they get financing. However, at the right time, with the right commodity price outlook, PP will make somebody a lot of money. They have everything you look for in this type of investment - a brownfield development, First nation tribes on board, A willing community, power, train lines in, a known reserve, environmental permits, etc. All they need is the right price structure on zinc and lead. Peggy Kent is a question for some. All they are doing now is treading water while they look for financing. Stocks like these you have to catch right. It maybe still to early. I have no doubt that if the world economy grows through time, PP mine will reopen and be very profitable. Risky

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