Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
KMC
kalgoorlie mining company ltd
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Ann: Update on Mining Operations , page-27
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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Metals & Mining SECTOR NEWS
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18 Jun 2025 LITHIUM UNIVERSE LIMITEDLU7 acquires global rights to transformative PV recycling technology from Macquarie University, targeting higher material recoveries from solar waste and backed by $1.7M in investor commitments. The technology... Read more
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Sharenot so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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Sharere: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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Sharere: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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Sharelook who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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Sharere: not so stupid now**hey big ears**** You got me there big fella,
I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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ShareThere are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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Sharesandune, you come across as being so deluded by hate.
The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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ShareVery direct, and good post. It's only others that will feel the shame for the directors TSS.
A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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Sharerogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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ShareSo you can see both sides of the story matty.
I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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ShareAgree seuss.
I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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ShareI know. Maybe I didn't explain myself very well.
There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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ShareWe'd have loved to play with your mind GZ, but this one is just uniquely weird!
We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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ShareI am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)
I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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ShareI find that post rather repugnant and cynical cusox.
Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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ShareShadow, that is bull dust, and you know it.
If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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Sharere: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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ShareMaybe this sheds some light on it ............................
He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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ShareI get your drift joewolf.
The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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Sharelove this story soon people will wake up and say gee this stock is making plenty of $$$$ and still trading at market cap. that is crazy !!
xmas time 60cents
some light reading,,
Going for gold in Australia?s junior mining sector
It goes without saying that having tripled in price since 2008 and recently rocketed up more than US$1,700 an ounce, these are good times for gold. Plenty of parties including miners and investors have looked to gain exposure to its bull run in the past year or two, be it by diversifying their portfolios and adding an attractive edge or (for the lucky few) taking up on a project of particular significance and potential. That being said, there aren?t many enjoying the gold surge who can compete with Perth-headquartered Kalgoorlie Mining Company (ASX: KMC) and its Bullant gold mine. Acquired from gold mining major Barrick (NYSE: ABX), the KMC team got to ground in March-April this year.
?We?ve been very fortunate to get a mine with all of these physical attributes?high grade, geotechnically stable, power, water, surface infrastructure... in a close location to the world-class Kalgoorlie mining service centre?in a time of rising gold prices,? executive director Chris Daws says.
?We?re an emerging group and I think that going forward we?ll be a surprise package in the junior gold sector.?
One packed with all of the necessary components for near-term production success, by the looks of Bullant. The project is well-explored and proven for gold production whilst retaining exploration upside. It also comes supported by an ore purchase agreement that KMC penned with Barrick (with 18,000 tonnes predicted for production this month) and big plans unfurling to put in its own dedicated gold mill facilities, further economising the setup.
Going underground
Formally U.S. Nickel, KMC came upon Bullant while looking for an asset to provide cashflow. In its previous guise while focused on plays in North America, the company hadn?t been burning up exploration dollars and stood poised to kick off an aggressive drive for the right project. The team then assisted Argent Minerals by taking a significant placement during the Bullant sale process, later acquiring the project for $10.5 million.
?Being a production base we thought that we could grow the business from in the north Eastern Goldfields of Western Australia, and purely focus our efforts there, we chose to change our name to Kalgoorlie Mining,? Daws explains.
?It shows the market that we?re fully focused on creating a new gold business out of Kalgoorlie in the north Eastern Goldfields with the Bullant Gold Mine as our core project.?
Getting back underground and into the mine around May this year has had its hurdles; all of which have now been cleared. Facilities have been re-established including offices, mine change rooms, workshops, fuel storage, power, telecommunications, ore haulage roads and underground access to the mining areas and tunnels. Daws says that once the portal access was reopened and ventilation established, KMC moved quickly to dewater the mine.
?With the removal of the water pumps after Barrick shut down the operations in December 2009, the mine was closed up for some 12 months and there was some water ingress from numerous rain events,? he says.
?We immediately set about a pumping regime, introducing some significant dewatering pumps, and we have recently announced that the dewatering process has finished, and the lower levels of the mine have now been reached.?
Marking a major step towards recommencing production with the mine now ready for underground operations once more, KMC will work to re-establish services for lower levels in preparation for future deeper mining. The team has concurrently undertaken some targeted exploration in a known parallel lode to the Main Lode?Barrick?s past focus?by looking more closely at the East Lode. Comparatively little attention had been paid to this area, with Barrick electing to mine the Main Lode to 700 metres at depth.
?If you can imagine two parallel lodes, the decline development sits between and spirals down. The East Lode is very close to the decline development, only 10 to 15 metres off from the decline, and represents an excellent target that we can chase an access it fairly rapidly for ore production,? Daws explains.
?We?ve been successful in the drilling to date and announced some results of good gold grades, and we?ve since begun developing a number of mine headings out to the East lode. At the moment we?re mining three ore drives in the East lode to prepare for stoping of the high grade ore.?
Since May KMC has amassed around 18,000 tonnes of ore at surface ($3 million to $3.5 million dollars of gold at current prices) crushed and ready for transportation to the third party milling setup; Barrick?s Kanowna Belle processing facility.
?It?s a fairly significant contract that we?ve put in place with Barrick and they?ve been very helpful in that, and when that ore goes off over the next few weeks we expect to generate quite significant cashflow to then drive further development and exploration work at the mine,? Daws says.
However with the various exploration drives ongoing at Bullant, it mightn?t be long before KMC needs a little more room for its project to manoeuvre.
Prolific territory for a prime project
Daws?s comments about Barrick?s efforts to mine down to 700 metres aren?t surprising; located on the Zuelika Shear, Bullant?s ore body looks likely to make its way as much as (if not more than) 1,000 metres below surface. This is good news for KMC, as Daws says that the current exploration is focusing on three key areas: Firstly the East Lode (stage 1) where KMC is now mining; with stages 2 and 3 to follow, which are lower levels currently being drilled (assay results are expected be released to shareholders in the next few weeks). Surface drilling that recently delivered high grade intercepts from to the south of the main Bullant mine (?Bullant South?) will be the second key exploration target in the months to come. The third key area is the ?Bullant Deeps? which is the area immediately below the current mine workings and extending to plus-1,000 metres below surface.
?It seems to be a high grade core or plunge to the Main Lode that we?re seeing, not only in the drilling that we?ve done but also in the mining and exploration that Barrick has done,? Daws says.
?We?ll concentrate on that high grade core zone that we believe sits further south of the mine then plunges back down to the lower reaches of the ore body mined by Barrick.?
Upon taking over Bullant, KMC received 110,000 ounces in mining inventory. The bulk of the JORC code material supplied by Barrick, as part of the purchase, stemmed from the next 70 metres of ore the predecessor drilled out in the lower reaches of the mine (from the 5715 level 700 metres below surface and approximately 60 to 70 metres below that again).
?We also saw from the data that Barrick drilled some very deep diamond drill holes from surface, they were 1,100 metre holes and there are three of them.
They all intersected the main Bullant lode at approximately 1,000 metres below surface,? Daws explains.
?The Bullant Deeps is between the mine inventory, about 700 metres below surface, and through to the 1,000 metre level where we?ll concentrate on drilling from the lower levels of the mine into that zone to block out the ore body which we believe occurs over those 300 metres. That will occur in the next six to eight months and should generate a significant lift to our resource inventory.?
With another plus-200,000 tonnes estimated to sit within the Bullant Deeps, it is clear that the project offers more than simple near-term production potential.
Bring in the mill
Today?s gold prices present a pretty cushioned option for plenty of projects, but not satisfied by riding the crest of the wave, Daws explains that putting in a dedicated processing facility will eliminate tolling and transport costs incurred in Bullant?s production process, significantly reducing its cost per ounce produced.
?We?re looking at a facility of about $18 million to $20 million in cost, which will treat 700,000 tonnes of gold ore per annum. We purchased a number of key second-hand items for our gold processing facility, including a 1,500 kilowatt ball mill and primary, secondary, and tertiary crushers at well-below replacement cost. The equipment will be refurbished and relocated at the Bullant site in preparation for a three stage build schedule,? he explains.
?We?ll have the crushing facility initially built as stage 1 and it is expected construction will commence in the next six to eight weeks.?
Under its ore purchase deal with Barrick, Bullant ore needs crushing to sub 25 millimetres in diameter to allow for efficient sampling. The current toll crusher costs at the project are in the range of $13 to 15 per tonne plus fuel costs, and a dedicated crushing facility as stage one of KMC?s mill would drop costs dramatically, perhaps down to less than $5 per tonne given the grid power allocation the company carefully secured upon purchasing the mine.
?We?ve got it at a significantly cheap rate, about 7.9c per kilowatt per hour off-peak, and we intend to run our crushing circuit off-peak to keep those costs low and add value straight to the bottom line,? Daws says.
Approvals and designs for stages two and three are in the works; stage two being the actual ball mill and tanks, gravity circuit, electrical, and stage 3 being the tailings storage facility and gold room. KMC has targeted an in-pit tailings facility 800 metres south of the mine in an old disused gold paleo-channel open pit.
?We?re in the process of modelling that up and preparing plans to go through the approvals process. Having an in-pit tailings storage facility will save us significant amounts of money too?it?s likely to be about one third of the cost of a paddock tailings storage facility and the company is very fortunate to have that option available to it,? Daws explains.
?We are aiming to get the mill up and going over the next 12 months.?
When KMC became a Western Australian gold producer, it did so quickly, economically and mindfully of what future potential its entrance project may bring.
Forward-thinking planning?from agreements with Barrick and power source safeguarding to cleverly-staged modelling?continues to bear fruit. A dynamic organisation that has proved it has the right team, plans and project to realise the ground?s full potential, the company exemplifies how a miner ought to make the most of rising gold prices, and how the most exciting projects are able to perform when captained by the right board. Staunchly committed to generating shareholder value through its practical and pragmatic approach, it looks like the sky?s the limit for one of Australia?s newest, most capable gold producers.
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ShareAt this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.
CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Sharere: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!
Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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ShareWhat a fascinating thread reading back 3 months!
Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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