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Message: Long term shareholder

Long term shareholder

posted on Jul 22, 2008 08:06PM

Louvem has 75,000 ounces of Proven and Probable Reserves at the Beaufor Mine, which is enough to maintain the mine active for 3 years. Every year they are able to maintain these reserves with new discoveries, but this is not enough to excite investors. They must prove that they can be operational for a decade or more, unequivically.

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