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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (72713)	4/3/2011 8:10:25 PM
From: carranza2	Respond to of 217830

I have made a very nice profit in a gold miner, NGD, which I mention all the time. Long story short, has lots of silver and copper, too. The proceeds from them, conservatively priced, will mean that its gold production will cost zero. In about 2 years, when a major British Columbia project starts producing significant amounts of gold, its cost of extracting gold will be financed 100% by sales of silver and copper. Has shared properties in Chile with Goldcorp. It is entirely self-financed, with a great balance sheet [no debt] and terrific management. Got too big for GDXJ. Started buying in the 2s, it is now at 11 and change. Will not considering selling until at least 25-30. And some astute people think it may ultimately go to 100. You've been warned. vbg