Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: E. Charters who wrote (26094)	12/30/2003 12:54:16 PM
From: Andrew	Read Replies (1) \| Respond to of 39344

Regarding Venezuela I agree. There are other stocks without the baggage out there. Regarding BGO nobody is interested in that bloated pig IMHO. Its projects are either marginal or in tough political areas. Majors are steering clear of Russia for a reason. This may pave the way for the likes of BGO but too risky IMO. The only asset they have that would interest a major IMO is Cerro Casale but with approx 400 million +++ shares out who needs a poison pill? AZS is the target, question is when and how much? The economics of Cerro Casale are looking better everyday.

To: E. Charters who wrote (26094)	12/30/2003 1:24:37 PM
From: The Vet	Read Replies (2) \| Respond to of 39344

I agree that KRY has too much baggage but I don't think Venezuela itself is a problem, GFI is moving into mines and exploration there big time and Hecla has operated mines there for years without any issues. For that reason I go with GRZ as the most obvious target. A 10 million ounce deposit with significant copper, projected cash costs around $150 an ounce and currently the most undervalued gold in the ground proven reserves of all the gold stocks bar none. Where else can you buy 10 million ounce in a single deposit for $13 an ounce....