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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (4170)1/4/2006 11:46:08 PM
From: loantech  Read Replies (3) | Respond to of 78409
 
Dave not holding FR anymore. Gone to GGC. I last bought and sold FR maybe 2-3 months ago and had sold my larger position quite some time back.
Here is what a geo Dr. Rock said then the follow up from jackjc:

To: tyke who wrote (4035) 1/3/2006 1:25:36 AM
From: Dr. Rock Read Replies (1) of 4179

Look at FR. They have virtually no reserves and acquisition costs of about 10M US in the next 2 years. Although they have some production, they have had problems and it is not a sure thing at 2 dollars Canadian, but have raised 11 or 12MCAD recently. Go figure.
Message 22022089

To: Dr. Rock who wrote (4054) 1/3/2006 2:13:09 AM
From: jackjc Read Replies (1) | Respond to of 4179

Very true, they talk about millions oz production ramping
right up and can barely produce a few thou.

GGC is a far better bet and still cheaper IMO.

In the whole world there are only a handful of few million
oz silver primary producers. It ain't proving to be as easy as they make it out.

But I think they are working on a big resource model, Keith did well with 1st Quantum if he gets the glory. TSL would know that. Seems like they may have a lot of ounces in the ground.
I think they are good but others think other stocks may be better. Howy likes IPT, Jack likes GGC and MMGG and CC likes PJO and maybe others.

I hope that helps. I think some Howy or Jackjc or Dr Rock who sort of called CGE before the big miss may help on which Mexican silver to buy.

One you like, ORM,I do remember hearing something about problems with a town. ORM which I had picked in the contest last year and as soon as this news came out I sold just like with SVL. Neither have ever recovered that much.I do not have a link now for this story.

Maybe back on the ORM SH thread???

Tom



To: Canuck Dave who wrote (4170)1/4/2006 11:58:55 PM
From: loantech  Respond to of 78409
 
EDIT. DUP. EOM



To: Canuck Dave who wrote (4170)1/5/2006 12:09:38 AM
From: loantech  Respond to of 78409
 
Message 22028867