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


To: hank2010 who wrote (37761)4/6/2007 1:31:40 AM
From: Gib Bogle  Read Replies (1) | Respond to of 78422
 
I hope you're right, because I have a nice chunk of FNI. I also bought back into LBE today - was that rash? I haven't dumped my RNG (actually RNO) or the warrants yet, and probably won't until it becomes pretty clear that there won't be any other bidders.



To: hank2010 who wrote (37761)4/8/2007 1:54:57 PM
From: marcos  Read Replies (1) | Respond to of 78422
 
fni.to - ah, the End of Problems, that's great -g- ... the odd thing could still come up, like mediocre drill results from time to time, but it's true they've worked themselves through several big problems and come out the other side in fine shape, a sign of competent management ... wonder how many of the warrants from the september financing remain to be exercised, and to what degree they might hold the stock back?

'... look for $3 to $4.' - wouldn't they be a prime takeout target before then? ... Xstrata could gobble them in a flash, the only partial defence against this is willingness of management to avoid selling out shareholders cheap like the rng.to brain trust did ... you make a fine return in short order, but poof there goes your medium-term upside, and you have to look around for another pick in the same sector, and as things progress the choices become narrower and narrower ...

But meantime if they can keep on track toward 12-15m lbs/yr they'll soon be at Río Narcea's production - firstnickel.com