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RG

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RG

Re: stevo51 post# 1204

Tuesday, 02/23/2010 9:00:50 AM

Tuesday, February 23, 2010 9:00:50 AM

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The quoted price for Gold is a bit on the conservative side in my opinion. I believe we will see $2000 an ounce within 2 years.

total calculated gross recoverable value estimated between $35 million and $55 million (based upon an average price of gold at $800/oz. and $1200/oz. respectively)

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