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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (24748)1/3/2003 9:10:34 PM
From: John Dally  Read Replies (1) | Respond to of 36161
 
Hello Kastel & valutrader,

I've been buying this one too.

MR's 50% of Cerro San Pedro had a NPV of $18.6m at POG=$275. Now, with gold $75/oz higher, those 800,000 ounces will bring in an extra $60m. And that's just one piece of MR's portfolio.

MR's market cap is around $26m.

The data is on Glamis' (owner of the other 50%) web site:

glamis.com

Best regards, John.



To: gold$10k who wrote (24748)1/3/2003 11:45:21 PM
From: Cogito Ergo Sum  Respond to of 36161
 
Hi vt,
Just started to look again is all. I used to own a lot a long time a go. Second gold stock I ever bought , right after Placer. (strange brew there eh!). I missed it at the beginning of 2002 and will dust off the ticker this weekend.
Thanks.
no woof here :o)
Kastel
EDIT Thanks John Dally too..



To: gold$10k who wrote (24748)1/4/2003 12:06:35 AM
From: aktony  Respond to of 36161
 
vt. I am also looking at Metallica (METLF in US, MR in CA). This article suggests they are disappointed in Noranda's backing of the LaFortuna property. I'm wondering if this is holding back production and the price of Metallica

stock.http://biz.yahoo.com/bw/021220/202183_1.html

Daily chart looks like ascending triangle with a spike in volume.

stockcharts.com[r,a]dacayiay[db][pb50!b8!b200!b20!f][vc60][iut!uya7,14,28!lh39,3!la8,17,9][J9227284,Y]&pref=G

Weekly chart has breakout from downtrend into symmetrical triangle with MACD crossover to the upside.

stockcharts.com[r,a]dacayiay[db][pb50!b8!b200!b20!f][vc60][iut!uya7,14,28!lh39,3!la8,17,9][J9227284,Y]&pref=G
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