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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (58297)4/9/2008 2:19:55 PM
From: marcos  Read Replies (1) | Respond to of 78424
 
goz.v/usa.v - Gold-Ore has an update out this morning, again i am struck by the similarities between them and usa.v -
ca.news.finance.yahoo.com

1. large highly prospective properties with historic mines and considerable resources to start out with, methodically drilling off reserves

2. both with operating mill[s], goz mill larger but usa has three

3. both underground operations, means lower capex needs and higher grade but also that they'll never have more than a few years ahead drilled off

4. pretty decent management on both

5. both building production/cash flow continually

6. safe countries, maybe tied for lowest possible political risk

7. both stocks on support, an inch above in their wildest recent runs ... both have seen market interest before, just not lately



To: loantech who wrote (58297)4/9/2008 4:02:24 PM
From: E. Charters  Read Replies (1) | Respond to of 78424
 
8% of China's business is with the US. Metals are being bought for SEA countries, and are based on scarcity for needed new development and industrial capacity.

So I would think no, the retail downturn that always accompanies austerity at the grass roots level is not going to impact metals that much. We are simply not that big a factor in metals prices anymore.

EC<:-}