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


To: Claude Cormier who wrote (10437)5/3/2006 4:59:50 PM
From: loantech  Read Replies (1) | Respond to of 78419
 
Hi Claude,
I hope you are doing well and getting better.

On the contrary I trust Randy a lot and of course he forgot more yesterday than I know about the gold business.

But I am not going to play or buy anymore companies that are mainly in the exploration business. Randy has been drilling for what 15 months or more and really has little to show for it. AAU has a large resource that has been passed around but is quite low grade. Will we reach 850 POG? No one knows. Will mining they be permitted who knows.

But I believe MMGG even though it is OTC will be in production much sooner as they are in feasibility and the mining plan stages. They have also finished well over 30,000 meters of drilling and have hit very rich tonnage. No question in my mind they are a deal maker.

My other little gem is one of the only silver producers making money. And they are milling an average grade of 600+ g/t AG equiv. Much higher than corner bay found. PAAS cannot make a profit. Sure GGC's recent MD&A showed a beginning resource of only 800K AU equiv but it is there already with a mine a plant a profit. They remind me of RIC they produce every year and are increasing production WITHOUT a big reserve base. RIC does not have one either. They are underground miners. But GGC may be unearthing some close to surface mineable grade ore. We should know in a few weeks.They plan on drilling a 1000 meters a month for the next two years minimum. That gives me a producer with exploration upside.

As I have confessed this year I am a terrible trader so I choose to find a few more stocks that I can sit on. That way I make more for me and less for the brokerage house.

Some that come to mind are CMM, PAT, NSM, RMKL,QEE, WGDF also with a low grade resource like AAU but WGDF has a permitted plant and they have Randy Oliphant. KGI and NGX have ran away from me already.

NSM is about ready to go. RMKL may fire up production this year or next.WGDF will fire up next year.

We can buy CKG trusting Randy will make another great find and just sell it but he for all practical purposes has been in a news blackout except for the purchase of AAU. I can no longer afford the mistakes I made in the past.

Still I am open for a change or ideas.

Check out all the drilling logs for the silver in 1999 and the zinc resource that MMGG has and you may be ready to reco it when it comes on either the Toronto exchange or the Amex later this year.

All in all Claude all I want is for you and I and the others on this board to become secure and prosper in their holdings and choices. No matter which stocks or style I wish the most and best of luck to all of us who put a lot of thought and energy into this little game.

The best to you my friend for your improving health most of all and may all of us win big.
Tom



To: Claude Cormier who wrote (10437)5/3/2006 8:07:52 PM
From: LLCF  Read Replies (1) | Respond to of 78419
 
Claude,

IMHO the 'arb' is holding things down. You probably have 'natural sellers' ala AAU holders that just raked in huge profits and are taking profits. This directly depresses CKG of course. JMO

DAK



To: Claude Cormier who wrote (10437)7/7/2006 9:26:30 AM
From: loantech  Read Replies (2) | Respond to of 78419
 
Claude,
I know you told me before but AAU/CKG has what 10 mill ounces? Wonder if Randy is looking at cost to build a mine? Permits and all takes several years. I hope he is starting? All that gold and in Nevada may be a huge boon.

Tom