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Even this struggling miner has the resources that far outpace is mkt cap - once gold is done being tossed aside this correct strongly to upsiade
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up from here
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in with real money 1000 shares at .97
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Trading at 0.4 times book value, at the risk of fighting the type I'm going to try to call a bottom here
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Good Spec
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Yes, this has already popped. However, look for it to continued upwards in the next few weeks.
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Undervalued
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added to actual portfolio at 5.15
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Look at the report that was out today and the current gold prices. This stock should be around 9$ in the next few months.
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52w low will come back
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goldminingxpert haiku (MTH still not bankrupt!)
Costs up, profits down
Even gold bugs dislike us
But we'll change our spots
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Will start to shine 1Q of 2011. Hurdled production issues from 2010.
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Just sold before earnings. Has dropped like I expected on earnings so its time to buy back in. The reality is that they are mining lower grade levels right now and the levels they will begin mining in Q1 2011 will be more profitable. Yes, the dilution is also due to the instability issues, and while its difficult to predict whether new mining method will rectify problem, its a reasonable bet IMO at this price.
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JAG is making its way out of a hole. Good buy at this time.
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STRONG BUY BUT WAIT IF DOW GO DOWN TO 9.7
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Decent mining company w/ good reserves. Has to pay off eventually.
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Last quarter's report wasn't good, but this company has a lot of potential.
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