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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM -- Ignore unavailable to you. Want to Upgrade?


To: Vince Moretto who wrote (303)2/7/2002 1:32:13 AM
From: Robert J Mullenbach  Respond to of 811
 
When a mine actually goes into production, values can range from $27 a resource ounce to as much as $138 for Goldcorp.(another very well run company) With gold at $275 the median for North American Gold producers was $74 an ounce.

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Must reading for Gold investors, Just hang on, if Gold goes to 330, could be real Fun. IMO

How true this is. after you read, you will understand,
we have a long way to go on up side.

gold-eagle.com



To: Vince Moretto who wrote (303)2/7/2002 6:59:27 PM
From: Robert J Mullenbach  Read Replies (2) | Respond to of 811
 
My figures have to be wrong, 1 buck per oz MKT Cap on possible reserves. NOT Proven.

Market Cap is 7.2 Mil @.16 bid ball park figure.

lets be lose, 7.2 Mil oz reserves in theory, = 1 buck per oz MRK Cap, I must be wrong. I just sent in a check, just in case I am not.

buying more. Gold up over 300 again.

I think somebody is going to be in for a real big surprise.

If you were into Gold in the 70s, you will know .!!!

IMO
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There are a Few Rich Japan Lords, one billion to them is no big deal, if they put it into Gold,

here we go.