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

To: Claude Cormier who wrote (32047)	11/3/2004 9:10:38 PM
From: Amark$p	Read Replies (1) \| Respond to of 39344

That would be my understanding on Northern Dynasty as well, i.e. will take a higher gold price. the capex will be high since no existing infrastructure is near the mine. a very large but lower grade resource.

To: Claude Cormier who wrote (32047)	11/4/2004 5:25:42 AM
From: Square_Dealings	Read Replies (2) \| Respond to of 39344

Claude I would like to apologize for my rant the other day. I had just taken a large position in CEF and I believe many are under estimating the potential price appreciation of silver relative to gold. The current premium of CEF for US investors I think is somewhere around 7.5% which I consider very reasonable given the mix of the two metals. Anyway it doesnt matter because I think there will be many ways to skin this cat and I look forward to all of us doing well. CEF is one of 16 positions I hold in gold and silver stocks and when metals break out I think it will be a bit like throwing a dart to make money. good trading Mike