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Strategies & Market Trends : Ride the Tiger with CD
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To: Claude Cormier who wrote (188715)6/17/2010 4:50:58 PM
From: Amark$p  Read Replies (1) of 313489
 
Personally, I like CGA Mining at these prices, if you believe country risk of Philippines is acceptable, and I do. CGA is trading at 8.1x PE Multiple on June 2011 earnings of $.24, Haywood and Raymond James have recent buy recommendations with $3.20 target price.
equedia.com

CGA hitting new production highs with 17,700 ounces produced in May 2010 per latest news release and thus already beating 200K ounce/yr guidance for June 2011. Sprott is largest shareholder...
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