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Menelaus
18 Apr 13 11:44
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Date Joined: 03 Feb 05
| Topic/replies: 6,745 | Blogger: Menelaus's blog
Worth watching video although I fundamentally disagree with the conclusion. If the price of gold stays at this level for a sustained period, or if we even take another leg down (I think one is in the cards), a lot more than 600 Junior Miners will disappear. That's what happens when you are producing at a loss with the price at anything less than $1,400.


http://www.youtube.com/watch?feature=player_embedded&v=nnZZZuLUzOI

http://www.hindecapital.com/blog/message-to-all-gold-mining-ceos-a-gold-mining-predicament/#.UW1-wFn-2ZE.twitter


Try to research and understand all this before investing in Junior Miners, or simply just buy what that "lucky chap" buys.  Either way I'm sure it will all work out. Wink

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