Replies to post #30437 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[trdwatch]

You could be right about CGR. It'll have to hit .10 now before I'd buy any more but I don't think that'll happen. They have an enormous amount of gold 400 meters below where they are now. Big time pay dirt there and Nobody is better at underground mining than the Canadians. If the rumor is correct and they have a buyer, then this walking the price down from .50 to .20 this year makes sense & when/if a take-over is sealed, the pps will jump big time on news. It's a good risk either way at this price in my opinion.