News Focus
News Focus
icon url

microcab52

11/06/06 9:13 AM

#2158 RE: golden08 #2157


"GLE small but can be made into a 200+ per year ..."

Golden,

I'd love to see them acquire GLE, since I own some of their shares. But GLE already has another miner as a shareholder. Also, their mines aren't in Canada, i.e., anywhere near NXG.

That's the real rub. NXG mgt wants sxomething close to them. A big reason AZK was top of their list. Getting something in your locale (on top of competition for new reserves) makes it doubly expensive and difficult for them to come up with anything.

Hope Y-D and K-North fill their plate. Otherwise, you're looking at massive dilution.


icon url

tpaero

11/06/06 4:46 PM

#2176 RE: golden08 #2157

I think your choice makes a lot of sense however cgr at what price?
The madsen property is a biggie and placer dome gold spent 8.4 mil.on it and it is almost ready.
The only thing i do not like about cgr is the management i don't think they are really aggressive enough to get cgr on the map and really produce.


Stop naked short selling!!!!!!!!!!!!!