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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 (23455)10/25/2006 3:59:50 PM
From: koan  Read Replies (1) | Respond to of 78419
 
Marcos all you say is very true. I have many reservations regarding RDV. But it is so cheap. I can buy 20,000 shares for 2,000 U.wt.a.

RDV will probably move anyway. If RDV just hits .50 I have a double and it could soar to $5. It got to several dollars in 1987 on a lot less than they have today and no permits.

I really am not comfortable recomending RDV except for a small position.

BWR, on teh other hand, is not only producing a lot of zinc right now but they are starting to put the new Langalois mine in production. that will give BWR 4 zinc mines.

BWR wts were the largest responder to the zinc move today of any zinc plays I believe.

And Langolois is a beauty. 225 million mill that has never been used. Only 1 million to put it in to production and 25 million into the infrastructure.

It will mill 2,000 tons a day of 11% zinc and credits and they have I think, 3 million tons in situ and are putting millions into drilling the huge land package.

They are also accumulating so much money they can start buying some nice juniors. Maybe they will buy MMGG-lol.