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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (62048)10/30/2008 10:22:40 AM
From: Claude Cormier  Read Replies (1) | Respond to of 78409
 
Yep we are heading for very nice profits and cashflows in 2009. Based on potential production of 70,000-90,000 ounces we could end up with the stock selling currently at 2X cash flows assuming cash costs come down as expected once Island in full production.

Clearly a buy.