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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (38948)	10/9/2007 9:42:24 AM
From: LLCF	Read Replies (4) \| Respond to of 39344

A sad day to lose the last of my shares... Oh well. Newmont has a chunk of GBU which appears to have had quite a correction??? DAK

To: orkrious who wrote (38948)	10/9/2007 12:20:53 PM
From: tyc:>	Read Replies (2) \| Respond to of 39344

The guru who recommended MAE to me (Rubbersole) also suggested Minefinders (MFL in Toronto, MFN in USA). I looked, I liked both and I bought both ! MFL is unhedged and will be producing in first quarter in Mexico. FWIW. (listen to Denver presentation), I did.)

To: orkrious who wrote (38948)	10/9/2007 1:49:40 PM
From: seventh_son	Respond to of 39344

How about Birch Mountain (BMD)... they have massive limestone reserves in the very heart of the oilsands and the stock has been massively beaten up by a double-whammy of being cash-flow negative at initial startup of one quarry, and uncertainty about what the Alberta government is going to do about taxing the oilsands. Both of these issues are overblown in my opinion. The main obstacle to the oilsands development IMO will not be taxes, but rather manpower and infrastructure, and when the Alberta government figures out how to balance taxes and the infrastructure it is going to pay for, the uncertainty should be lifted and large contracts will be coming for Birch Mountain. As to what the company is worth, look at a 2006 43-101 report on their Hammerstone Quarry (just one of two major quarries), that put the NPV of its development at over $1 billion at a 7.5% discount rate. Another one to look at is True North Gems (TGX). They have a lot of gemstone properties, but are focusing now on their Greenland Aappalutoq rubies, which were sampled last year at almost 10,000 carats of gem quality material a tonne. Now much of these rubies have been drilled, with numerous intersections with ruby in core. From what I've heard, a lot of institutions are starting to take a look at the stock. When there is more information available on what is in the drill results in terms of grades and values, the potential for the stock is incredible, and the market cap remains low with it much under the radar of the investment world.

To: orkrious who wrote (38948)	10/9/2007 2:20:56 PM
From: seventh_son	Respond to of 39344

Another one that is very much under the radar and has a lot of assets and potential compared to its market cap is Quinto Mining (QU). They have a large iron ore deposit at Peppler Lake in Quebec which is right next to massive iron ore production infrastructure owned by Quebec Cartier Mining, which through Dofasco in turn is a holding of the world's largest steel company, Arcelor Mittal. All the reports I've seen indicate that iron ore has one of the most favourable demand/supply projections of any commodity. With iron ore prices rising, drilling of new iron ore areas around Peppler coming up with fantastic results, and a 2006 scoping study already indicating a NPV of $630 million to develop the property, Quinto is one incredibly underappreciated stock. quintomining.com quintomining.com