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27,328 Posts.
3210
23/06/09
22:10
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i think it is one of the better lead zinc copper nicol, gold stocks available.
http://imagesignal.comsec.com.au/asxdata/20090610/pdf/00959412.pdf
If they can keep their head above waters, sufficient to progress the admiral bay, or JV major in.
There is that much to like here, i would compare it to the infancy of OZL,
Too much to list, you've all read it.
A quick read, 2009- 38ktpa copper, zinc, 54ktpa
2.6 mill oz gold resource,
target nicol production 50ktpa (dilluted to jv)
The admiral bay project is mind boggling.
450kta zinc
350ktp lead.
We're talking billion dollar club in turn over.
Happy to enter even yesterday at 70.5,
will buy more, if it breaks to 50, but i doubt that based on the quality here.
It was running to 1.50 for a very good reason.
While softening comodities might dampen its return, the big picture, is just sooo BIG!
cheers
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