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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 (54699)	12/29/2007 3:18:48 AM
From: Amark$p	Read Replies (2) \| Respond to of 78421

Oh, that is a pretty picture. I added a lot of EPM at prices below C$1.25 after the PP and EPM is now my largest position. MFL is my 2nd largest position CKG my third and then WGI as fourth. And then a few smaller positions of AGI, GAM, GBG, and MRB. And have a large position of MMG I am hoping will pan out longer term as I have about a 12% loss in it... As you can see, my portfolio is primarily in near term producers and junior producers with large reserves that have stumbled and gotten clobbered. Worst case, I think GAM and even AGI will be take over targets at much higher prices if they do not meet their production targets in near term... Holding CKG, GBG, and MMG for their HUGE reserves which will be very enticing to a major looking to increase their 43-101 reserves, given the fact the majors are not replacing their reserves and a quick acquisition would do the trick...

To: marcos who wrote (54699)	12/29/2007 5:29:00 AM
From: Condor	Respond to of 78421

All these startups will have problems for sure, any big operation does in beginning stages, as each combination of machinery and mineralisation is distinct ... but for some of the better-managed and luckier ones it will be a matter only of working out a few bugs within schedule and budget, just interesting detail within a happy story. The deposit has simple metallurgy, strong economics and potential for expansion. The project is expected to treat 4.2 Mt of ore per annum with a waste to ore stripping ratio of 4.5:1 and has a current mine life of 17 years. europeanminerals.com