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

To: LoneClone who wrote (16812)	7/23/2006 6:37:57 PM
From: Gib Bogle	Read Replies (1) \| Respond to of 78411

If you were short, now would be the time to cover your ars. (sorry, couldn't resist)

To: LoneClone who wrote (16812)	7/23/2006 7:43:42 PM
From: E. Charters	Respond to of 78411

The bigger they are, the harder they finance. You always ask, where is the money to develop it going to come from? Let's say it cost $200 mill to build. That is the issuance of 125 million shares. Is GMP going to do a bought deal on that? Even without the Mongolian government's tendency to tie land mines to it's feet, the Oyu Tolgai has been constantly seeking major financing. It's grade and size have to be considered very good, even if large parts of it are not open pit. EC<:-}