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

To: marynell who wrote (6560)	1/5/2003 1:12:32 PM
From: 4figureau	Respond to of 39344

>>Regarding the Argentine silver property and Cardero's large market cap: there is little risk (by exploration standards) in this property. There is every reason to believe they have 10 million tons at 15oz Ag/ton for 150 million oz, on surface, open-pittable. There may be many times this much silver.<< The market seems to agree with you. 30 new highs in 37 weeks. Overvalued? Or just overbought? Correction time? Time will tell :) >>Associated with the tremendous silver results are high copper values that may prove adequate for a mine in and of itself. If this holds consistent the copper may actually pay for the development of the property with the rich silver component being pure profit.<< kitco.com