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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (29244)12/13/2007 1:40:51 PM
From: Madharry  Read Replies (1) | Respond to of 78834
 
Unfortunately lately Im finding that the exploration and mining costs are increasing in many cases faster than the cost of the commodity itself. see Nova Gold which lost half its market cap when NG and its partner suspend development of a copper /gold mine after projected construction costs went from $2 billion to $5 billion. this is probably bullish for copper though.