precious45’s details
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I think these large cap projects are a contrarian buy right now as when the gold price climbs the mines with the most oz will benefit the most, but hey I've been buying PM stocks for three years thinking they were good value and look at them ... |
5/15/2013 4:20:48 AM |
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I agree but these out of favour mines with low grades but big metal resources like Exeter, Spanish mountain, Midas etc will become flavour of the month again once gold begins to climb, however distant that seems in this current market. |
5/14/2013 12:08:30 PM |
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Excellent, thanks for the thorough reply. |
5/14/2013 11:42:59 AM |
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The figures include silver and copper resource but I would welcome someone with a better understanding showing the accurate calculations. |
5/14/2013 9:48:30 AM |
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Also look at XRC Exeter Resources currently under $1/oz, bizarre. |
5/14/2013 7:00:32 AM |
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I thought we had about $50mil cash on hand? it's one of the reasons I chose XRC over other underfunded explorers. |
5/14/2013 6:27:52 AM |
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The market, you can't beat the market as that's what sets the price, has nothing to do with the how we evaluate the company's worth. |
5/13/2013 1:00:41 PM |
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Would someone please confirm if I'm right or wrong but is the market valuing XRC's gold in ground at roughly $1/oz? |
5/13/2013 11:46:14 AM |
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That's expensive compared to some bargains out there Victoria gold $3/oz to name one, but who knows when the market will value these stocks realistically, at the moment we must play the market because that's our game. |
5/13/2013 11:10:22 AM |
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Who know's but I think everyone on this board would be more sympathetic if you put forward a reasoned argument rather than coin tossing guess work. |
4/18/2013 11:19:10 AM |
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