Why did ECO pay $20MM at BENGB.ob to develop the KingKing range, bankrupting themsleves in process?
Because the KingKing range 6 million ozs gold, and 3 billions lbs of copper.
This comes out to paying $4.00 for each ounce of gold and 26 pounds of copper in the ground.
Go to www.benguet.conm and do your own research.
This stock is at .17, all time high of $8 BEFORE KingKing was discovered.
My original post was just the technical consideration of when it makes the next leg up. Last leg up was a 3x, and tech look good for turn here.
Gold stocks are what I trade for a living, since retiring from a big NYC wire house.
"Posted by: Vegas_Man In reply to: Bernard_Barouk who wrote msg# 66786 Date:1/21/2003 11:16:45 AM Post #of 66806
Re: BENGB
whats up with this stock?? Ive seen lots of pumping for this stock the last couple of days, but still cant find any reason why someone would want to own it.
VM"
"Ready to turn up? by: DASH_RIVIERA 01/21/03 11:01 am Msg: 80488 of 80509
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