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


To: Claude Cormier who wrote (32690)2/12/2007 8:14:47 PM
From: LoneClone  Read Replies (1) | Respond to of 78420
 
Claude, I give EDR a premium because rather than bringing a new deposit on line a la RNG (a stock I also like), they are attacking known deposits with new exploration and production technology and systems. I am confident they will be constantly increasing production and reserves going forward, and also expect them to be either take someone over or be taken over themselves within the next year or two.

Guanacevi has at least a dozen, probably more, known but un- or under-explored deposits, and they are just getting going on Minas Nuevas and Arroyo Seco.

LC



To: Claude Cormier who wrote (32690)2/12/2007 8:38:08 PM
From: koan  Read Replies (3) | Respond to of 78420
 
Claude, I know what you say is true, but often there is more to a story e.g. if you have two equal deposits and one has killer management and the other has flakes---well?

Ane then their are intangibles like politics, potential, infrastructure, financing, etc.

Compare Europen minerals country to Mexico.

EDR has 7 funds investing in it.

Besides Claude, I trade, so when/if EDR goes to $10 to $20 I will be out and into something else.

And why is RNG undervalued and EDR twice the price? My guess is that there are reasons. Or why is European Minerals so inexpensive?



To: Claude Cormier who wrote (32690)2/12/2007 8:49:58 PM
From: koan  Respond to of 78420
 
I have a bigger question Claude. 1/2 the people on this thread worship MMG, why do you not have it on your list?