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

To: Alan Whirlwind who wrote (3600)6/5/2001 1:00:07 PM
From: Stephen O  Respond to of 8010
 
That's exactly why I like Black Hawk so much. It's making good money at the current prices for the metals, only owes $2 million in debt, one quarters cash flow, and has huge upside if the price of the metals really goes up. Consider it as
(1) an option play on the price of gold and silver that has no expiry date and
(2) A business trading at a very low multiple of earnings and cash flow that has very competent management.


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