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


To: Claude Cormier who wrote (123382)7/15/2008 1:22:38 PM
From: Rocket Red  Read Replies (2) | Respond to of 312966
 
Well you could argue some companies market caps of over 300 mil and don't even release drill results when they have them



To: Claude Cormier who wrote (123382)7/15/2008 1:45:03 PM
From: Nevada9999  Read Replies (2) | Respond to of 312966
 
I think the high shareprice (by penny stock standards) and huge potential tonnage numbers are a big impediment to speculators here. They sound outrageous and mind boggling, but are a result of the tight share structure, ease of expanding a coal resource and velocity of this story, which has required very little dilution. This looks like the perfect storm. Nevertheless, your prudence is well taken. I have my doubts through experience and I resist the temptation to bet the farm. It is speculation and I will take a chance of taking shooting myself in the foot, but not in the head.



To: Claude Cormier who wrote (123382)7/15/2008 3:23:20 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 312966
 
"The only thing I disagree with is the idea that the market value of GXS which is already $300 millions is a bargain because it will go to $2 billions ($100/share) or possibly a lot more. "

LOL this from the guy who refuses to add ARU to his portfolio. I guess you don't like the idea of investing in the worlds largest gold resource? Go look at level 2 on AGC now.....its a joke. Everyone wants out its obvious. Guess investors were hoping for an 18 million ounce deposit?



To: Claude Cormier who wrote (123382)7/15/2008 8:20:51 PM
From: AuBug  Read Replies (1) | Respond to of 312966
 
Is that because you think that GXS will be taken out by Peabody or Massey ASAP?

"The only thing I disagree with is the idea that the market value of GXS which is already $300 millions is a bargain because it will go to $2 billions ($100/share) or possibly a lot more."



To: Claude Cormier who wrote (123382)7/15/2008 11:22:40 PM
From: ogi  Read Replies (1) | Respond to of 312966
 
I have been out all day and catching up as I read. We are in agreement on GXS and AGC it seems. I know I always get you going whenever I say the words "low grade". :):)

Still despite how good a low grade deposit can become it is less attractive than high grade results, before talking of recoveries etc. If you had the same tonnage,the same recoveries, the same access to infrastructure,then grade is the factor that makes the biggest difference. All those factors can be different in any particular situation so of course you could have a low grade deposit that is more profitable than a high grade deposit but in general grade is king, the other factors come after it.

Metates is low grade refractory pain in the ass ore, it has sat around for 20 years but at double or triple the Gold grade, would it be better??


As for GXS, I would love to think it could go to $ 100, but that is too far in a theoretical future. Right now, I just think it is showing signs of being a truly exceptional deposit, the company is conducting itself very smartly and without gratuitous financing give aways, not to mention one insider putting $500,000 of his own money in the stock with the PP at $11.75. I just want to see where it goes in the next few weeks, adjusting my view according to the results as I learn them. I
certainly hope it goes to one hundred but that is not what I am speculating on, I will take $35 for now and then worry about more after that.

Cheers,
Ogi