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valuemind

01/05/12 5:30 AM

#26918 RE: dr_airtime #26917

Thanks for sharing your ideas. I have spent some time in looking into them, feel very interesting and will put them on my watch list.

Compared to MMY.to, BZA.to and GGN.to has comparable market capitalization, but their production cash cost seems significantly higher; they have more uncertainty with much less cash. Besides, MMY.v is in the process to increase significantly its annual gold production from its producing mine, and the Company is targeting production of up to 55,000 ounces of gold for the fiscal year ending June 30, 2012, and more to come in 2013.

OCO.V seems attractive with quite low market capitalization. But it may be riskier, as it has little cash with more debt, requires more equity funding to dilute, and it requires more time to develop into gold producing stage which means more uncertainty.