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

To: marcos who wrote (18561)	8/17/2006 4:42:10 PM
From: loantech	Read Replies (2) \| Respond to of 78411

<The deal is valued according to Canaccord analyst Stephen Butler at roughly U.S. $515 million and Butler suggests that the current resource totals about 2.04 million ounces of which about 1.4 million ounces are in the M&I category. There are suggestions though, that seeing as the resource number hasn’t been updated in 18 months, this number could be a lot higher than that today.> Okay good. But WGDF has more ounces by quite a bit and they are in the two good categories also. Also WGDF is fully permitted to mine and they are obtaining financing ASAP and they have a ton of infrastructure in place. They need to build a new leach pad not a whole new mine. So WGDF is my pick even though the ounces are more expensive. There are more of them and they are in the US and they are ready to roll by late 2007 or early 2008. < Feasibility Study Completed - Proven and Probable reserves of 2.36 million ounces of gold and Measured and Indicated resources of 1.25 million ounces(1) - Excellent potential to increase resources - Mesquite Mine is an extremely rare permitted multi-million ounce U.S. gold reserve, one of only a handful of such opportunities in the U.S. - Planning average annual production of 165,000 ounces of gold commencing April 2008>>> WGDF needs to triple from here IMO without further increase in POG.

To: marcos who wrote (18561)	8/17/2006 5:10:36 PM
From: LoneClone	Read Replies (1) \| Respond to of 78411

Marcos, I did the same thing as you with Viceroy -- looked at it at $4 but by the time I was done it was $5 and seemed to expansive, then again at $6 while it made $7, and then didn't happen to check again at the dips. Oh well. Yes, CC did mention ANO.TO as a possible TO candidate. They do have a strategic alliance and a bunch of JVs with Rio Tinto, making them the logical candidate. I'll be disappointed if it isn't for at least double the current pps though. LC