NI 43-101 Compliant Technical Report
694,700 Ounces Of Gold At A Cut Off Grade Of 2.0 G Gold Per Tonne
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Ontex Resources Limited > Message
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Re: INDUSTRY BULLETIN – The Gold Rush

Posted by: yup43 on October 02, 2007 04:07PM

In response to: INDUSTRY BULLETIN – The Gol... by AGORACOM

IMO, gold will continue to surge higher as inflation picks up in the US despite a relatively tame CPI. In fact, I would argue that any US Givernment inflation data is understated since some of the benefits they provide are based on CPI, thus giving them an incentive to under-report it. High prices are just 1 factor in the equation; the company must bring full-scale production to market to take advantage of these high prices.
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