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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (699)11/16/2003 4:38:38 PM
From: Fishfinder  Respond to of 29622
 
Try
MFL and CBD.
I own these two.

scott



To: Wade who wrote (699)11/16/2003 11:48:39 PM
From: Andrew  Read Replies (3) | Respond to of 29622
 
My favorite junior that meets this criteria is AZS. Even with the price appreciation it has had over the past month or so I still think it is one of the best values of proven juniors.

$CND5.25 x 40 million shares = 210 million cap = approx 160mil USD

AZS with 25% of 23 million oz proven+probable = 5.75 million oz

bema.com

160 / 5.75 =

27.82USD per oz

+ 25% of the 6 billion pounds of .26% copper.



To: Wade who wrote (699)11/17/2003 2:55:29 AM
From: The Vet  Read Replies (2) | Respond to of 29622
 
Wade, look at GRZ, my favourite in this category.

1. Drilling for many years. Doing additional in-fill drilling now.
2. Reserves $12 an ounce - 7.5 million already proved (cut off was $325 POG), Plus inferred (current drilling should prove it up) should make 11.5 million which will be .4 ounce per share. (Could be more with a higher cut off grade)
3. Pre feasibility has been done showing cash costs of $153 an ounce.

They still have $20 million in the bank, and they have been very economical about dilution. Only 28.8 million shares.

And they have 1 billion pounds of copper and no title problems.. Only recently moved to AMEX from the OTCBB and the shorts hit it hard with 75% of the first 2 weeks trades from short sellers. Buyers stepped up and are taking the stock fairly readily. The shorts have stopped the advance at about $4.60 US ($6 CAD) but they are underwater and it could interesting if the POG continues up.

goldreserveinc.com