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Gold/Mining/Energy : True North Gems Inc

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To: hugh thorne who wrote (1013)	6/20/2011 8:00:36 AM
From: hugh thorne	Read Replies (1) of 1016

if you go back to the 2008 Jennings report - there were 80m fully diluted shares and they had a target of $2.00 we have some 220m fully diluted or a change of about 2.8 from 2008. that sets the $2 target adjusted for the new shares at about 71 cents. truenorthgems.com

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