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Tuesday, July 03, 2007 11:32:58 PM
Adjacent to the La Currita holdings, Palmarejo recently merged with Coeur d'Alene Mines Corporation and Bolnisi Gold NL, in a transaction valued at approximately US$1.1 billion, creating the world's leading primary silver producer.
The La Currita Groupings includes 4 mines, a 300 ton/day operating floatation mill and stockpiled ore. That is HUGE!!! Like I said earlier the stock market looks out 6-12 months ahead. In doing so RVNG could fetch $5/share with such large reserves.
I see eveidence of that large 5M+ short starting to cover some already. Boy did they get caught with their shorts down betting on Raven not coming through/producing. Well they are and they are even beginning their deliveries.
What a great play all around. Both Value and Technical, just amazing.
And to answer your question. I am not answering your questions becasue I dont communicate with shorties as yourself.
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