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

To: Claude Cormier who wrote (791)	4/19/2001 4:31:34 PM
From: russwinter	Read Replies (2) \| Respond to of 4051

Guat. for FGX has been pretty stunning so far, and we've all been thirsting for more. They must be about ready to announce a rather large program result soon aren't they? I think one aspect of the "leverage" story is that these very low cost (sub-125) deposits aren't being priced at more than nominal value by the market either. In the case of FGX's three million ounces or so (so far) less than $10 an ounce when using enterprise value (mkt cap minus cash). I agree that there is plenty of pricing leverage, plus the additional discovery potential. This is about as close to a "widows and orphans" three to five bagger potential exploration stock available. Great entry price at 4.80. It would be one of the first I'd buy, and in fact recommended it to a friend looking for five names to speculate on. I gave her BAY, FGX, GBG, IMG, and GEO. And after MR's news I told her to buy that under 55. I've got a feeling in my gut about SLR and Pedra Blanca, but par for the course everybody might get a free look at that one too. What's your read on Clarence Stream now? It's not a simple deposit because of the skarns, but come on now, I've been telling you to look at it. I don't think it is just "another prospect" now is it?