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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (40)2/5/2000 9:24:00 AM
From: Richard Mazzarella  Respond to of 4051
 
Claude, <<VGZ>> VGZ is now trading at a 12% discount to the other miners simply because of stock price increment math. It is extremely leveraged to POG, IMO a good penny gold pick for potential multiples on continued strength of POG. See my post: Message 12785622 .



To: Claude Cormier who wrote (40)2/5/2000 9:10:00 PM
From: Gord Bolton  Read Replies (2) | Respond to of 4051
 
Just thought that I would drop in to recommend my two favorite junior golds.

#1 Claude Resources T.CRJ Check out the P/E

quote.yahoo.com

Drilling program underway at the Seabee property.

Drilling program to come at the Madsen property in Red Lake
Target is quartz carbonate consistently grading .5 to 3 ounces per tonne. Same ore body that Goldcorp(just down the street) hit some long intersections of 83 ounce per tonne ore.

$10 million dollars in the budget for drilling off reserves.

Share price has been getting hammered by one fund who has a new manager that does not like gold--until maybe yesterday.

clauderesources.com

#2 Mineras Andes V.MAI Properties in Argentina.

MAI just sunk three drill holes into a large target directly under some previous high grade gold and silver intersections. Company reported rich sulphides in all three holes. We are waiting for assays. Company is looking for high grade gold and silver disseminated throughout the target area.

The target is a boomer 1000 meters X 500 meters X 200 meters.

They are also drilling off high grade veins close by.

minandes.com

Oh, and of course.

#3 Southwestern Gold T.SWG

Between 10 and 13 million shares out.

Too many projects and properties to mention. It will double soon on drilling and feasibility reports from Aacha. Pasminco has been drilling off high grade zinc since last summer. SWG should be worth at least $US15.00 per share on the zinc.

But wait, this is a gold seeker. They just defined by drilling a 5.8 million ounce Carlin style deposit in China.

SWG has JV gold exploration programs with Newmont, Teck, Minorco, etc. in Peru. They have property adjacent to the Luicho discovery and lots more.

They own about 55% of the shares in Canabrava.

swgold.com