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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (51765)	5/20/2002 1:55:40 PM
From: Jim Willie CB	Respond to of 65232

gold expert Bishop reco's microcap Seabridge Resources soon to be named Seabridge Gold SEA.V on Canadian Exchange SEABF when purchased from American brokerage house bought 7-8 mines since 1994 bought collectively for under $1 per gold oz in liquidation as mines shut down due to unprofitable gold price, SEA bought some mines became uneconomical at gold=375 other mines became uneconomical at gold=325 a total of $100M spent on the mines for research, exploration, testing, analysis (thank you vermuch) all mines were in operation when halted and sold each has low holding cost while suspended operations all mines are in North America total of 8 million oz gold resources potential for other discoveries on same properties market cap now is $20 million not a misprint total resources/ reserves are in excess of $2.5 billion mktcap of $20 million when gold rises above $400/oz, SEA =$1 billion mktcap SEA, the ultimate value play with enormous leverage do the math, paisanos / jim