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Message: Re: FInancial Post Article - Peregrine Mining

Let us not overlook the fact that this property is primarily copper. The volume of pounds (not grams) per tonne that needs to be processed to make a saleable product is staggering when you compare it to GOLD.

I think that is why Peregrine sold it off---they are more interested in Platinum and Palladium than they are in Copper. Dollars per ounce,rather than dollars per pound, has a far sweeter ring to it, especially when its $1500 Per ounce, rather than $4 per pound.

Rinky

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