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49erminer1

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49erminer1

Re: eward368 post# 14945

Thursday, 03/22/2012 12:08:29 PM

Thursday, March 22, 2012 12:08:29 PM

Post# of 15403
Metal prices were low at that time, between $300 and $600 per oz Au. The property is viable at the $600 Au price, but not at $300/oz Au. When the price fell, the companies dropped their lease and/or option on the Excelsior. Thank you for asking.
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