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

To: Louis V. Lambrecht who wrote (26107)	12/30/2003 2:05:54 PM
From: The Vet	Read Replies (1) \| Respond to of 39344

Where is the catch? It's in Venezuela which some think is a problem, but then so is KRY which values the other half of the same ore body at more than double the GRZ number. You also didn't add in the $20 million cash in the bank, the value of the current in-fill drilling program and any blue sky for the Choco concessions. The 6 million has been increased to 7.5 million ounces at $325 POG, obviously higher at $415 and the estimated cash costs of $153 were net of copper credits at 90 cent copper. Again better at $1... I have owned and followed this stock for years. There are no skeletons hidden that I can find. It's just had a quick run up and the market pauses for technical not fundamental reasons. If you worry about a catch then buy it at $10... Your choice...