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xZx

05/30/06 9:15 PM

#170 RE: Trops #169

trops that is anothe reason many of these small gold operations are international. they are trying to reduce the costs of their acquisitions and their labor as much as possible. gold prices don't vary, but the $$ to buy the claims and mine the gold certainly does.

as for the red lake property, it is already locked up. i think EQBM is probably just waiting patiently for someone to buy it up or JV with them to start mining it.

thanks for your post. it's great information!

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motocitykid

05/30/06 9:51 PM

#174 RE: Trops #169

Trops - Agreed - Gold Spike is expected to

be significant as a "safe" haven to inflationary pressures/weakening dollar.

Throw in some other precious metals and a "China" connection and you have the whole ball of wax.