Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Message: Stripping and trenching...

"Option situation this year looks alot like option situation last year when gold ran to $1000+."...

But forgot to mention last year we did not have as large a disconnect (i.e. premium on spot price for physical gold) between paper and physical gold. Much more incentive for call option holders to demand delivery in such large quantities even at higher-than-spot prices because of physical gold shortages.

red911

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