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JustForFun7

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JustForFun7

Re: Implanting post# 17079

Wednesday, 09/19/2012 10:26:29 AM

Wednesday, September 19, 2012 10:26:29 AM

Post# of 26631
OT - Jal

It was CGA.... good management, 200,000 ounce producer, positive cash position, plans to increase production 50% in next 18-24 months..self funded...5 year tax holiday, lots of gold in ground...only downside was a 20% hedge at 900 bucks an ounce and conservative management (left themselves open for takeover). B2B is buying them. My respect for B2B management just went up and I already thought well of them.

But enough digression.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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