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Post# of 637
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Sunday, 11/30/2003 4:27:11 AM

Sunday, November 30, 2003 4:27:11 AM

Post# of 637
Great idea for a board!
Suggest adding Goldcorp (NYSE:GG) for several reasons:
* literally the world's richest gold mine
* lowest cost of production ($76 per ounce compared to others at $200 to 230)
* arguably the most "heads up" approach in the industry to partnering with small exploratory companies
* debt free
* no forward sales to limit profitability as gold rises
* maybe best of all, they sell only enough of their production to be able to pay their employees and make a small increase in dividends to their stockholders. The rest of their production they just add to their stockpile of processed gold. For example, recent announcement of higher monthly dividend mentioned they had added 2.1 tons to the 6 tons they already had for a total of 8 .1 tons!!

Also suggest adding APLL for sportier reasons. In addition to CDE, ought to include HL since both Idaho companies do the same thing in more ways than one and their silver angle complements gold nicely.

There ain't no rush like a gold rush....

Caradoc

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