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

To: Ramsey Su who wrote (32411)11/18/2004 11:32:46 AM
From: Stephen O  Read Replies (1) | Respond to of 39344
 
I suggest that you get up to speed on the metals because that is where the big money is being made right now.



To: Ramsey Su who wrote (32411)11/18/2004 11:48:24 AM
From: Condor  Respond to of 39344
 
That news is quite significant. It extends the size of this large copper deposit (low grade gold by product) but most importantly it indicates the end of it hasn't been found. It could even be much more huge than at present. IMO, within that announcement they talk about making a deal on attached ground with ETG.v Entree Gold. It suggests that Entree ground holds much on enlarged deposit and Friedland wants it.
You will see in ETG.v and IVN.T and HUGO News Releases a week ago where they inked an agreement.
Entree IMO is a very reasonably priced speculation on the Ivanhoe play at this moment in the 1.15 -1.20 range..
I am long ETG.v

Cheers

C



To: Ramsey Su who wrote (32411)11/18/2004 3:01:34 PM
From: E. Charters  Read Replies (1) | Respond to of 39344
 
27 million tons of 3% copper?

(yawn)

Too, too, small.

Give it to me and I will try to get rid of it for you.

If you want to compare it to something one can easily understand, compare it to pen size. Say a 6 inch ball pôint is 'average', and an average present value is 500 million dollars. This one is worth 1.25 billion NPV say, so it is like a 30 inch pen.

Not something you see every day.

EC<:-}


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