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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Greg from Edmonton who wrote (62795)	1/20/2001 2:19:37 PM
From: russwinter	Read Replies (4) \| Respond to of 116752

IMG and GLDR are two of the best values. Everything on my list is dirt cheap however. For a third high quality name try FGX at these $4.50 prices. About $2.35 cash and not one, but two very low cost deposits. BGI sells under cash value, and are excellent explorers. I've spread out some because not everything works in the juniors, even in a bull market. I also have some silver plays like BAY and SSRI, and a PGE play in ARQ (and SLR). I've been patiently accumulating stuff for a year (after the Wash. Conf rally fizzled), but at this point my approach is no holds barred. I strongly believe (and I may be one of the few people on the planet) that a huge score is at hand. DO NOT TRADE THESE FOR LITTLE 50% GAINS! They will go up three, four, and some cases ten fold. I've been buying (I should say averaging down) more GLDR after speaking with their President Doug Belanger. KM88 is very much alive with or without PDG (a deer in the headlights company). People talk about how bad the Venz. govt is, and yet they have put millions into new power, roads, etc. to prepare for a mining boom. Their finance minister is one of the few of his craft in the world speaking out strongly against the follies of leasing. I guess I have to ask: which govts are really bad? That's why the pressure being put on PDG to develop Las Cristinas is real not phony. PDG has until July to shit or get off the pot. GLDR's Brisas deposit is an important part of the puzzle that helps make Las Cristinas economical. Combined (which GLDR has offered)it would be one of largest low cost (115 according to GLDR) operations in the world. It will also be a big investment, nearly a billion dollars. No wonder the Venz govt is pushing this, and they are confirming GLDR's claims with a study (to be release shortly)conducted by a major mining bank. My prediction is that PDG sells out cheap and another party, possibly NDY or ANGLY comes in to develop Brisas/Las Cristinas and really the whole KM88 complex. Of course given that GLDR sells for less than it's 74 cents stated cash, there is certainly plenty of upside here. ca.us.biz.yahoo.com