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Re: So....

in response to So.... by Luminous7
posted on Jul 02, 08 03:22AM

Roughly speaking, as far as I can see,

Detour Gold is trading somewhere around $125/oz

and Trade Winds at $10/oz for same resource classification.

So a 10x or more buyout doesn't seem unreasonable?

Wonder what priority Detour Gold or others would put on aquiring this interest. Suppose gold junior takeovers need to get going for this to happen sooner rather than later. I've bought some more Trade Winds recently, and luckily have done well through pelangio/Detour Gold. I asked about Trdae Winds on the Detour Gold page, but no response yet.

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Tigerwoods_profile
Posted by: golfdude
On: June 28, 2008
URL: http://www.c....aspx?id=424

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Investment Ideas

Like Trade Winds Ventures? Then you might also be interested in McLaren Resources

McLaren Resources
  • Blue Quartz Property surrounded by numerous past and presently productive gold mines
  • Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
  • Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

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