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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 (21685)	9/22/2006 12:06:26 AM
From: wsw1	Respond to of 78421

LC, TRE is not a pure play on nickel....i can agree with that... and of course, you have the risk of JS kicking the bucket and the erosion of the JS premium built into the pps... yes, people are investing in JS, but the potential of the properties is equally important...if the properties don't turn up the goods, investors will walk away...my theory is that JS already has an idea of what's in the ground is purposely slow-playing his hand here...gold hasn't breached old highs yet... holding TRE shares is like holding a call option on Tanzania's mineral resources...and TRE has a lot of properties under its belt...yes, it has a long way to go, but i think the sense of urgency has greatly increased in the last year to speed up exploration, but also maintain a methodical approach...