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Message: Institutions

Re: Institutions- not much downside from here

in response to by
posted on Oct 22, 2007 11:28AM

We will be producing 50-80K ounces by year end 2008.

at current POG thats - 50 X 750 = $37 500 000.00.

With current  cash flow at almost 1M per month as we speak. This is why we have institutional buying. There is more to come and the SP can only go up from here.

 

 

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