Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Claude Cormier who wrote (123317)	7/15/2008 10:17:18 AM
From: AuBug	Read Replies (1) \| Respond to of 312947

Can you back that up with any rational argument? "The gold grade at Amarillo could be worth more than the coal grade at GXS. It then could be economic while the coal at GXS would not."

To: Claude Cormier who wrote (123317)	7/15/2008 12:26:41 PM
From: Nevada9999	Read Replies (3) \| Respond to of 312947

I very much respect your views but here is another perspective. The GXS coal intercepts compare favorably with the Powder River Basin, the largest coal resource in the US which has the largest coal resources of any country. The GXS intercepts are world class in terms or thickness, with higher BTU contents than PRB coal. If must offset, but that story will soon unfold. Comparing AGC and GXS doesn't make much sense. Compare GXS with world class coal deposits and compare AGC with a world class gold deposit such as Yanococha. I think GXS compares better to its peers. I wish I had some AGC, but I wouldn't trade my GXS shares for it.

To: Claude Cormier who wrote (123317)	7/15/2008 10:32:25 PM
From: ogi	Respond to of 312947

Hi Claude: Well it is still early for both AGC and GXS. What we do know about GXS is the grade consistency seems to indicate a 1 mile strike, that is a fast start and it means we will have an answer with GXS faster than AGC, which has been drilling for 18 ? months. Imagine if the first two holes AGC had drilled were 200m x 2 g/t 1 mile apart. Without the current high grade AGC are now finding it would be a lot less attractive economically and have a lot less to generate interest from investors/speculators. I think it is a far better speculation now than it was 3 months ago. AGC has already proven itself as a worthy operator in the past couple of years. Both AGC and GXS REMAIN speculations. If GXS BOMBS in the next few weeks, I will take my losses and still have time to consider putting some in AGC. Cheers, Ogi