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Gold/Mining/Energy : ECHARTERS

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To: Dirtythirty who wrote (3513)5/18/2011 11:33:34 AM
From: E. Charters  Read Replies (1) of 3744
 
Other than the low grade and 6% smelter return with the $38 million buyout etc. It is a bit of a sand bag deal. Not crippling at the end of the day but everyone figured sand bag. They are trading at a big discount to gold ounces. I think 50 dollars per ounce. I think it might double in size. I am looking at $10 a share by production planning stage. Most Guyana ops trade at a discount. Columbian ops do better.

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