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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 (65420)5/26/2009 10:47:16 AM
From: Tommaso  Read Replies (1) | Respond to of 78418
 
I got into RIC because I thought it wise to diversify somewhat out of NGD. As so often happens, my wisdom was not as great as hoped. But I continue to hold the RIC. The high cost of production means that the stock price is more leveraged to the price of gold, so gold at $1200/oz could kick RIC up even faster than NGD.



To: loantech who wrote (65420)5/26/2009 7:43:44 PM
From: Martin Wormser  Read Replies (1) | Respond to of 78418
 
LT, I agree. 25 mill shares out is unheard of in the mining industry.

Just love all the suggestions for companies who are actually mining. Keep it coming. Just sold my Verizon stock. Got tired of it just sitting there at 29 for 10 years. Divs ok.

I have shares in, La Mancha, Jinshan, Capital Gold, Wesdome, Claude, Apollo Gold. Looking to buy some other. Have some Coeur d`Alene for silver too. I have less now since the 1 for 10 rev split. Hate rev splits.

I firmly believe Gold will go to 2K/oz in 2 years.

martin