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


To: Lhn5 who wrote (22283)10/4/2006 1:42:28 PM
From: Claude Cormier  Respond to of 78419
 
- am still not thrilled with the added leverage/dilution/risk/potential CKG has with the merger,

Of course, this merger will ot prove to be a god deal is gold remain in the $400-$600 range. But again, the dilution of 8.9M shares will not be that bad as they will get $14M for that (assuming the properties are no good). So it will be as if someone exercised optins at $1.60 or so. It will not make a big difference when they make a large discovery on one of their other properties.

But if/when higher gold range is established, say $700-$1000. You might love it.

There is also potential to bring down the costs at Talapoosa and Metates.