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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (113277)	5/3/2008 7:08:37 AM
From: Madharry	Respond to of 132070

since were talking gold let me put in a plug for pelangio gold plg.to/ plgof my largest position. plg.to is a junior gold company which recently approved a split into two companies. one will hold most of its interest in detour gold corp. dgc.to which is developing the detour gold property in canada. the other will hold its development interest in a large ghana property and its other mining properties. right now plg.to sells at an over 20% discount to the value of its DGC shares and cash. On top of that I believe the company is valued at less than $50 an ounce for gold in the ground in canada and this may understate the situation. I see plg.to as a safe way to hold a long term option on gold.The bonus is of course the property in Ghana which the ceo was very excited about when I met her last year. I have no idea of course whether that will prove to be a feasible mine or not.pelangio.com is the website and has lots of information.