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2,286 Posts.
531
29/06/10
00:35
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drill results, and more drill results.
should be due out this week if previous ann are correct and they were hinted at being positive results
although I must agree I cannot believe how undervalued this company is at the moment.
Cash cost of $700 an ounce, sale price of $1200 an ounce min.
$500 profit per ounce x 40,000 ounces = $20mil profit if my basic sums are correct.
Every $100 ounce in gold price = $4 million extra profit.
I own, I hold and I will wait.
p.s all the losers who keep selling at less than 3c can you all please go elsewhere to lose your money!!!!
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