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Gold/Mining/Energy : GOLD-XAU

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To: IngotWeTrust who wrote (1223)2/4/1998 10:44:00 AM
From: Jeffery E. Forrest  Read Replies (1) of 1756
 
Hi 9'er. Long time. Hope yer doing well.

I've been trading BCMD (same one I told you about several months ago) and they're starting to really come up with the goods. JV partner, balance sheet shaping up and ...oh yeah...they found gold too.<G>

Anyways the following was in a press release this a.m. and I'm not quite sure what to make of it.

Two assays there reported .55 ounces gold per ton across 33 inches and 37.7 ounces gold per ton across 24 inches.

37.7 ounces per sounds HUGE to me. Am I misunderstanding what they mean or can I start getting excited? I'm still pretty green when it comes to natural resource stocks so may just be confused about the lingo.

Here's a link to the full press release.
Message 3337810

BTW the chart looks EXCELLENT right now.

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