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


To: Tommaso who wrote (63118)1/28/2009 3:24:05 PM
From: marcos  Read Replies (1) | Respond to of 78416
 
ngd.to - think the copper weighs it down? ... same as with Terrane and others ... both their projects in the pipeline, New Afton and El Morro, were two thirds copper by value according to most recent fease assumptions ... same as with Mt Milligan, it's not an unusual value split

Pure gold plays have been stronger ... my big pick for the winter is Dynasty dmm.to, better than a triple since early december, and room to go yet ... they've actually got quite a bit of copper, but their project starting now and the next one starting soon are nearly pure gold ... copper means major capex, which is unlikely to be found while LME stocks rise like this

Different story in a month or six, probably, and the sharemarket should anticipate the metal ... i still hold ngd, firmly believe in Lassonde Schulich Telfer for the long run, but it's not exactly inspiring the enthusiasm others are today