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

To: marcos who wrote (68664)	1/11/2010 2:40:15 AM
From: onepath	Read Replies (1) \| Respond to of 78406

TRX.v ... they came third(out of three)so a solid rejection.TRX mgmt expected G. would take all of MtMilligan maybe price was too high or they just do not want to develop it at this time.TRX must now find a third party to finance or maybe G. is just testing the waters to see what it is worth.Interesting article from the Vancouver Sun.... vancouversun.com With all Goldcorp now has on its plate I do not see them just letting this asset sit.I think they will deal it or take it over still.Goldcorp bought 8 months of time free and a chance to see any other hands.

To: marcos who wrote (68664)	1/11/2010 11:43:41 AM
From: LLCF	Read Replies (1) \| Respond to of 78406

Anyone worried about a sell off in goldshares after January as the economy gets whomped? I'm probably way off, but all this run up seems to make me wildly bullish which is a bad sign. <NFG> Blasting out my NGD here... huge bidders out there, probably stupid. DAK

To: marcos who wrote (68664)	1/11/2010 5:06:15 PM
From: E. Charters	Respond to of 78406

The grade of MM is low. 0.2 percentum cuprum and 0.438 grams goldum. How can they do this at 400 million tons, when massive CU porphs go begging at 0.5% cu and 0.5 grams or 1 gram gold all over the world? Cost of power. BC has the lowest cost power in the world. And IFF you can get permitted, it also has a very much lower tax structure than most other nations. Copper is very power sensitive. You cannot do copper porphyries with diesel. There are no mineral royalties in Canada. What we have is a provincial mining tax against which there are deductions. Total tax burden on a company over its life is about 30% of profits. Try that anywhere else you go. The problem in Canada, and it has always been the problem, is permitting. Intransigent governments. Second problem of course, as always, is financing it with US money. It just won't work and that factor has shrunk our mining industry more than anything else. Canada is just too tiny a country for our people to finance all those heavy front end capital intensive projects. Despite our markets, our exchanges are made up of mostly small company drillers. We have massive resource markets but those are 90% the established companies. Unlike the 30's and the 50's the upward path migration for juniors is really difficult. They have cut off the flow of funds to jrs. and medium sized companies for mine building. EC:<-}