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Picassa

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Picassa

Re: pennymarker post# 184

Tuesday, 04/12/2011 5:34:01 PM

Tuesday, April 12, 2011 5:34:01 PM

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Paolo Lostritto, Wellington West Capital Markets Inc. (03/22/11)
"Concordia permits could kick-start market re-rating in 2011—Market likely to positively adjust for Concordia start-up once construction permits have been granted. Mt. Todd to provide production growth. . .Management has advanced a parallel value creation strategy at the Yellow Pine district as a means to offset Concordia delays and activate Mt. Todd, [which] provides extreme leverage to gold and US$/A$ FX rate."

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