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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1214)1/26/2001 10:19:53 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 1907
 
I think we should be very patient here as this is just getting underway. I agree that the stock is undervalued today and it is not discounting any possible future developments. Lot's of targets, lot's of work.

What I want to see now is for management to get very aggressive and put a big drill program together for Marlin and La Cienaga and address these other grass roots targets. Just think it could be drilling 3 or 4 separate targets at the same time. They have the money. Are they going to get serious and create shareholder value?

Luxury.



To: Claude Cormier who wrote (1214)1/26/2001 10:28:07 AM
From: russwinter  Read Replies (1) | Respond to of 1907
 
<and it will likely be a lot more than that>

Claude, I know you are being cautious and conservative on your 1-1.3 million oz calculation so far, but I think we've got to let our hair down and party a little on this one. EVERYTHING they've touched there has been spectacular.

I'm beginning to wonder if there isn't five million ounces at $70 cash cost that will be proven up pretty quickly. That would be worth $30 a share just for Marlin. Would you say the surface targets you've looked over support that kind of potential? Also since you have a good line with the company, I think we should be thinking about La Cienga as well?

As usual, the price response is a farce. Anybody not on board? BUY!