Replies to post #12447 on Mostly: Classical

[amarksp]

Yes: "Wasn't "Limon in Nicaragua" part of the old Blackhawk Mining company?"

As you know, I continue to prefer the junior producers which appear to offer the most value. Explorers may be nothing more than Mark Cuban's baseball trading cards vs. producers that will be able to pay dividends. At $700 POG (per your charter membership to the 700 Club) and $250 cash costs, the junior producers likely offer the best value currently.

Here is a key metric that gives you an idea of the upside of junior producers using Market Cap to Forward 2006 Production Ounces:

Ticker.. MC/Prod Oz FWD
EPM..... $170 in production 2006
RNC.to.. $231 currently in production
GRZ..... $251 in production 2006...?
GGG.to.. $547 currently in production
MFN..... $619 in production early 2006
RNO..... $692 in production
DSM..... $697 in production 2005
GBN..... $818 in modest production by 2006
HMY..... $818 in production
GRS..... $911 in production
CBJ..... $1,034 in production
MNG..... $1,108 in production
AGI.to.. $1,170 in production 2005
GSS..... $1,322 in production
KGI.to.. $1,321 in modest production
GFI..... $1,439 in production
HUGO.... $1,515 in modest production
NEM..... $2,780 in production
NG...... $2,838 in modest production by 2006
GLG..... $3,530 in production
GG...... $4,138 in production

I believe stocks such as RNC and GGG will be re-rated up to at least CBJ, GSS, and AGI level of over $1,000.

[huesos]

Correct, it was the producing asset of Blackhawk. Held it for two and a half years and broke even. Later on in the decade no doubt the fine list that follows from amarksp will increase 20 fold.