salut FRANCOIS, and SALVA april 16 , from my pipeline, we are suppose to have results of other drills from mdn and pgd in tulawaka. during that time gold could loose 8cdn dollar.or stay at 280, or pick 5.0 to 10.00 us dollar for a short period and give an enthousiast buy to all major producers . mdn can pass the crisis only in selling their joint venture to anybody who is interested.....barrix,achanti etc they have until end of 2000 to finalize their jv with pgd PGD CAN WAIT LONGER they have a good cash flow, and other good drill project which can be interested to other buyers.
PLAYERS BECOME IMPATIENT ,IF THEY WANT TO BUY OPEN COCKPIT GOLD RESERVE THEY WILL HAVE TO MAKE OFFERS, and that'S WHY i think the game of buying has started. ex. sutton,argentina, recent barrix ,rangold exchange etc.
I THINK THAT TAKE OVER OF SMALL GOOD PROOVED RESERVE IS BETTER than a merger of a big producer with another,they only reduce their cash flow and the terrible expenses are there. small ressource have small expenses compare to the potentiel of their discoveries
hold your stock until the party is finished.. EVERY MONTH WE LOOSE PLAYERS... RYO, MCW AND more to come mc watter made the error of cutting is production one year to late. imagine minorca share holders sanked and mcw will go to .35 I TRUST MDN because I KNOW THE REPUTATION OF WINNER OF THE OWNER, ALSO JCGIRARD AND JC POTVIN CEO (MDN AND PGD ) ARE A GOOD TEEM .......... SEE YOU JACK BROSS |