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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 (40861)5/23/2007 12:49:26 PM
From: GoldBull no bug here  Respond to of 78419
 
CUU - same thoughts here, been watching it lately, now lets see if I can scrape up a few bucks to buy some. Good entry off the recent selloff.



To: marcos who wrote (40861)5/23/2007 1:09:08 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 78419
 
cuu.v -- Same here. Teck partnering with NovaGold on Galore Creek means they really like the area and IMO are likely to buy out Copper Fox upon completion of the feasibility study (or at least buy out 75% of Schaft Creek by paying Copper Fox 4 times all prior expenditures and arranging production financing). Teck being involved in both projects also means that Schaft Creek will have an easier time piggy-backing on the Galore Creek infrastructure (power, roads, etc.) to go to production, greatly reducing costs.

The risks for the Schaft Creek project just dropped dramatically, IMO.