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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (2408)3/13/2002 2:13:40 PM
From: TheBusDriver  Read Replies (2) | Respond to of 39344
 
<<if you think BAY will be taken over>>

Who knows frank? I would not buy a stock because I thought it was a takeover. I would buy it because I think it is good value and will increase in price. Takeover? Icing on the cake I say.

Do you think that MFL's 2M oz of gold make it a better takeover target? Could be, donno. I guess the point that I was making so badly was that I felt a "pure" play like FGX or BAY was be a more appealing target that one that is a mix of both?

Wayne



To: Frank Pembleton who wrote (2408)3/13/2002 5:03:49 PM
From: Fishfinder  Read Replies (1) | Respond to of 39344
 
I would doubt any mid tier or larger would care about the fact that its half silver. There's 1.8 m oz of gold at Delores, they would possibly think of it as using the silver to off set the gold recovery costs or ??? whatever.
An oz is an oz.
Still holding a bundle of FGX cash, picking away with little luck at BAY, MFL, G.TO and SJD.V

Scott


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