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

To: marynell who wrote (6431)	12/28/2002 12:49:54 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 39344

so with a stock like CBD with 38M shares out and a share price of $3 that is a market cap of $114M? Hummmm....a triple from here?<g> Wayne

To: marynell who wrote (6431)	12/28/2002 12:52:41 PM
From: russwinter	Read Replies (3) \| Respond to of 39344

<It appears that C$300 million is a realistic target in a boom with a good property and promotion.> Those were bubble prices similar to the dot.com era, tied into a strong hysteria/greed cycle. Certainly a gold bubble could develop again, but personally those are not realistic targets to shoot for (at least for me). However, the now emerged strong POG bull market tied to weak USD fundamentals is another story and to me a compelling one and could have excellent legs. This Marshall Auerback piece describes it's emergence, especially in the last seven paragraphs (should be tattoed to one's forehead IMHO). prudentbear.com