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

To: riversides who wrote (98654)	11/12/2007 1:09:47 PM
From: zoo york	Read Replies (1) \| Respond to of 312274

Hi Riversides! Thanks for that link. The number that jumps out at me from that report is the assumption that the average cash cost realized from gold producion in 2008 will be $750. I know its better to be conservative when projecting results in this sector, and volatility can make people look pretty stupid, but to my mind that gold projection is going to be way out of whack. I would expect perhaps $100 per ounce more for the avearge price, and that extra hundred bucks, when leveraged across more than 100,000 ounces of gold production, will make the overall numbers for AGI far more attractive. I guess we will have to wait and see... cheers! COACH247