GOLD 0.51% $1,391.7 gold futures

why aren t junior gold miners rocketing, page-20

  1. 3,759 Posts.
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    Cdchi1...haven't conversed for a long time..,but in relation to gold juniors, my opinion is that it is hard to go past TGF for potential upside. I am a firm belivere in the quality of management as a guide to prospects. They have it, and major shareholder MXX as well.

    I believe in the resource 2.8m oz and climbing, and the economics of the production (heap leach). Worth a review on that thread where I have been commenting. Not many in this one and that surprises me. But perhaps there is not positive sentiment towards China as a place to start a gold mine. I have a decent holding and a medium term perspective...blue sky coming from exploration and POG.

    Production to commence in 2009. Company is cashed up...no dilution in prospect.

    regards
    DF
 
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