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

To: que seria who wrote (26411)1/6/2004 1:03:06 AM
From: hank2010  Read Replies (1) | Respond to of 39344
 
Did not see your post until after I posted mine. I agree that the RTZ threshold is much higher than that for Anatolia, but how much mining experience does Anatolia have?
And how many hurdles will they have to jump over to get to production. Look at the delays, (caused by local politics, yikes there's that word again!) that Eldorado had to put up with.

Rio's participation in the other projects, and the cash payments from Rio makes me think long term is good.



To: que seria who wrote (26411)1/6/2004 7:45:07 AM
From: russwinter  Respond to of 39344
 
I can see Rio Tinto walking away or giving away (which is what they did) a smaller deposit in a sub-$300 environment (like PDG did with Mulatos two years ago), but at $425/1.05? Kind of bizarre, and as Elizabeth suggested, perhaps a sign of difficulties? If anyone has the professional particulars? I got out of the stock in October, so no current position, but might look fundamentally cheap on a correction if the concerns could be addressed?


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