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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (11643)	9/15/2008 2:54:21 PM
From: inchingup	Respond to of 50279

NRDS also on sale: nordresources.com .34 x .35 Just started copper production a few months back. Next year will ramp up to 25MM/lbs/year. ($80MM gross sales at "todays" prices). Total outstanding shares diluted 93MM. Forward sales not hedged but guaranteed at London Market prices. Insiders own 19% and are buying. Capitalized debt when completed about $36MM. Market cap about $34MM. Geologic Resources Canada also over 10% ownership. Pictures and info on web site tell the entire story. nordresources.com

To: SliderOnTheBlack who wrote (11643)	9/15/2008 4:36:27 PM
From: alburk	2 Recommendations Read Replies (1) \| Respond to of 50279

Slider It would seem that the Juniors are in trouble, the exception perhaps those few that are fully funded to production (e.g. Minefinders). Raising funds via offering is almost out of the question due to low share price/dilution. Financing would seem to be equally difficult given the destruction of lending capacity in the banking industry...I assume that those that have lending capacity will seek out opportunities that present the least risk. The seniors may pick off a few gems, but likely at much lower prices than investors anticipated. Without the opportunity to finance or sell shares, the juniors have little to bargain with. It would seem that the seniors are in the best position to add value...unless gold runs.

To: SliderOnTheBlack who wrote (11643)	9/19/2008 2:10:10 PM
From: RonMerks	1 Recommendation Respond to of 50279

Slido- good call on the entry to juniors & explorers. SMC is up 40-50% since your post on Monday. These were just liquidated since July. I think we see lots of doubles on this move. HUI rolling over right on schedule for the afternoon smackdown. Let's see if the HUI can close over 320 and hold. Then off to the races. Ron

To: SliderOnTheBlack who wrote (11643)	9/22/2008 7:52:08 PM
From: SliderOnTheBlack	6 Recommendations Read Replies (1) \| Respond to of 50279

The best buying/re-entry opportunities will come... When those that know it best, love it least, because they've been disappointed most. And so it was... Not bad for 5 days work - a double in SMC. Message 24950901 [ And our "thinly traded questionable equity" RIC hasn't done too badly either. We thought it was a rather "safe" laggard... Message 24969126 First resistance is HUI 370-380, and then former cycle high of 401. Both could easily be taken out by weeks end. Nothing like having a one trillion dollar wind at your back.... S.O.T.B.