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SuperMike

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SuperMike

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Thursday, 12/08/2011 8:35:11 AM

Thursday, December 08, 2011 8:35:11 AM

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http://blogs.marketwatch.com/thetell/2011/12/07/2000-gold-in-2012/

$2000 gold in 2012? I think more then possible since all currencies will suffer from low interest rates from central banks, and after bailout after bailout will be printed - gold will be not even $2000 but $3000 or even more!!!

Now what do we have with ADNT? CONFIRMED BY SRK REPORT (http://ardentmines.com/uploads/Gold_Hills_SRK_TRE.pdf) exploration potential of between 3.6 and 6.0 Mt at an average grade between 4.0 to 7.0 g/t Au which means 3.6M*4.0=14.4 TONNES OF GOLD ON A VERY PESSIMISTIC CALCULATION! That is 463.000 troy ounces, which on price of $1700/ounce is $787 million of value! And all this potential is now on FIRE SALE!
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