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

To: Taikun who wrote (31651)10/17/2004 11:55:27 PM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
An excellent mining company. If you are not afraid of Turkey (I am not), Eldorado and Anatolia are two great plays.



To: Taikun who wrote (31651)10/18/2004 12:01:41 AM
From: rubbersoul  Respond to of 39344
 
I like a company like VYE's situation better. As Claude says: if VYE finds 3 million
ounces of gold (which they very well may do within a year's time) they will be worth about 200-300% more. Their market cap would increase by 3-4 times. Their current market cap is around 65 million.

Now ANO.U has 4 million + ounces (inferred) with a market cap of a mere 45million US$. With Rio Tinto and Kinross involved I just don't get the lack of interest from investors.

John


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