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


To: Proud Deplorable who wrote (123416)7/15/2008 3:39:23 PM
From: Claude Cormier  Respond to of 312987
 
You are confusing things mon ami.

First I do not refuse ARU at all. In fact I suggested it at $3 pre-split. Second DMM which has better leverage than ARU with 6M ounces and two mines near ready is already on my list for that reason. Third I will add ARU again only once Ecuador is clean. There is still uncertainty about ECuador, I am just a little prudent.

Re AGC.. its is a junior explorer with 1M ounces resource up 250% from my suggestion price. And growing slowly. Nobody is hoping for 18M ounces of gold there. We will be happy with 2-3M ounces if they are economic.

As for GXS, time will tell if $300 market cap was cheap or not. For now, the drill bit is doing its work.