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


To: Claude Cormier who wrote (64988)4/30/2009 12:15:21 AM
From: loantech1 Recommendation  Respond to of 78414
 
Claude,
I want to buy other golds. Here are some names we talk about NGD, TRY, NGX, SGR, LSG, MFL, WDO and DMM.

HL has 325 million ounces AG and well over 1.5 million ounces of AU. For 6 million ounces of AU equivalent plus 1000's of tons of lead and zinc. Recent production costs <decrease in cash costs to $4.67 per ounce of silver after by-product credits > equivalent to 327 per ounce for gold and producing 157,000 ounces of AU equivalent per year.211 million shares. These are hard numbers to match.

Let me rule some out. DMM location. TRY maybe location and it is unknown to most investors. NGD they need a ton of development $$ for Afton and El Morro but they may be okay, NGX smaller resource than HL and YD is a start up operation 2010 or 2011? and has a lot of their resources, SGR a lot of shares out like HL but their resource is smaller even though costs to produce is good. But SGR production is much lower than HL. LSG has to ramp up a lot to match HL and their resource is much smaller than HL.MFL is good and not a bad share count but MC as high as HL and it is in Mexico which may or may not be bad but I prefer HL's locations and the locations of the Canadian producers like SGR, LSG and WDO. WDO the share count is decent but resource is low.

So adding the pluses and minuses I need to choose and am too undecided to do it. So I own HL for now. And RIC of course.
I guess putting a third into LSG,SGR,NGX and WDO could not hurt.