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Gold/Mining/Energy : GSS-Gold Star Resources -- Ignore unavailable to you. Want to Upgrade?

To: Ivan Inkling who wrote (81)	8/17/2006 10:21:47 PM
From: Richard D	Read Replies (3) \| Respond to of 200

If the company is on the level, and gold stays above $500, then $5 is easily doable. My guess is year total for gold production comes in between 250K and 300K (which is slightly less than their original estimate) and costs may approach $350 by the end of the year, but the average cost/ounce will be higher for the total year. Those estimates are not baked into this cake yet. They will double the capacity of their main mine in Bogoso in the 4th quarter, and they have stockpiled tons of ore in anticipation of the ramp up there. From chartist point of view, if GSS breaks out of a long term triangle, or the long term downtrend in the gold:gss ratio, the stock will FLY, FLY, FLY! The best months for gold lie ahead.