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

To: loantech who wrote (26428)	11/27/2006 12:53:56 PM
From: TrueScouse	Read Replies (1) \| Respond to of 78423

Tom: As I noted earlier, the GGN hit is mainly on the silver -- not the gold. As I see it, the resource has "only" reduced from about 2.5 m.oz AuE to 2.2 m.oz. The loss of the silver credits no doubt affects the economics of the open pit. But I still think the sell off is an overreaction and we should see some recovery over the next few weeks. 2.2 m.oz AuE is still pretty good for a stock with a market cap of less than $70m fully diluted. Best regards, Howy