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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 (24271)	11/3/2006 12:57:31 PM
From: E. Charters	Respond to of 78407

It took a long time to turn around their take over blues to where the investors would take an interest in what they were doing. The IOCG tag on the formerly narrow vein mined Massey property, even at today's copper prices failed to excite. They got high grade, some 14% I heard over about one foot. All in all, at 3.50 it would be something you would consider mining if you would consider mining 5 feet for copper at all, AND if you have enuffovit. So now they are into gold. And it ain't bad grade-width either. They biggie shares out takeover was a device to keep the company on an even keel, and not something that people have to worry about coming at them in any market. The price of shares however does not augur that fantastic to raise oodles of cash. They will have to pull golden rabbits rolling down hill and gathering golden moss in little furry balls - out of golden hats - to convince people it is worth 80 cents a share. I like 15 metres of structure however. It has a nice solid gottuns ring to it. EC<:-}