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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: zoo york who wrote (75971)	2/21/2007 9:02:34 PM
From: LoneClone	Respond to of 312564

Thnaks for sharing that Mike. You prompted to check my IPT holdings again, and I'm happy to report that they are bigger than I thought and at a lower cost basis than I remembered. As a sometime writer myself, and someone who has marked thousands of university essays to boot, let me compliment on your clear and concise writing style, perfect for the info you are trying to convey. LC

To: zoo york who wrote (75971)	2/21/2007 10:49:45 PM
From: A Horse With No Name	Read Replies (1) \| Respond to of 312564

zoo york what other companies do you like and are invested in? thanks

To: zoo york who wrote (75971)	2/21/2007 11:01:34 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 312564

Coach, Interesting this IPT. Regarding CKG, the merger closes Friday. Here are two of their new deposits (acquired with the merger), so you can compare to SNN. Metates is a very large, low-grade gold and silver deposit which Cambior Inc. drilled in the past. In 1996, Independent Mining Corp. (IMC) of Tucson, Ariz., calculated a mineral inventory of Metates and, using a 0.7 gram per tonne equivalent gold cut-off (please note that SSN uses 0.3 gram per tnne cut-off) , the estimated tonnage and grade was 492 million tonnes at a grade of 0.74 gram per tonne gold and 18.2 grams per tonne silver. In 2004, Watts, Griffiths and McQuat (WGM) prepared a technical report that included an audit review of the IMC mineral inventory. WGM supported the IMC estimated tonnages and grades of the Metates deposit but, due to prevailing low-grade gold price at the time of the report, the mineral inventory could not be classified as a resource in compliance with National Instrument 43-101 requirements. No recent exploration drilling has been completed on the project. The above resource is considered historic in nature, does not comply with National Instrument 43-101 standards, has not been verified and therefore should not be relied upon. It will be interesting to find out if this deposit can be economic at current gold price. The Talapoosa project is a disseminated epithermal gold-silver deposit in Nevada. Extensive exploration and development work has been completed including 71,000 metres of drilling along with metallurgical testwork and environmental studies. In 1996, Miramar Mining Corp., pre-National Instrument 43-101, cited a measured and indicated resource of 42.7 million tons of 0.025 ounce per ton gold (1.06 million ounces) and 0.34 ounce per ton silver (14.5 million ounces). In 2002, Pincock Allen & Holt reviewed this resource estimate and reported the classification met the definitions as stated by National Instrument 43-l01. BTW, CKG has 5000 square kilometers in Mexico alone on which dozens of mineralized targets have been discovered and waiting to be drilled. It has also significant ground in Nicaragua and Nevada. In other words, CKG has several exit doors. Yet, SNN is 21% more expensive than CKG, using in-the-money diluted capitalization. I think both are highly leveraged based on their low grade deposits. Both can possibly succeed with these in a gold bull market. However, CKG has way more depth, with several other targets that are much higher grade and also offer potential for millions ounces. Furthermore, CKG has joint venture partners drilling other CKG's properties, including one located just near LRM's Cobre Grande (270 meters of 1% copper and 23 g/t silver) Enjoy the market. I hope that we have a long way to go.