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Re: Gold Tinger post# 62008

Tuesday, 02/26/2013 9:18:54 AM

Tuesday, February 26, 2013 9:18:54 AM

Post# of 67010
Quite agree this is a speculation that could pay off very well if they surmount the numerous challenges. Again I return to their IR,stockholders make money when stock price goes up from increased demand pure and simple- if stock price going down means excess supply over demand. So IR is a key issue right now.

One doesnt know value a mining property by metal in the ground except by value of projected cash flow or established reserves- while at this price of gold the impression is these properties could be very valuable, company hasnt provided key data to even ball park the value. If their percentage recovery 80% on $100 million metal in the ground, then we need to know CAPX to go into production, working capital required, opertaing costs per ton etc. This is very basic stuff which their own press release claims or implies they have this information.
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