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Wednesday, October 5, 2011

CDNX measured in GOLD Ounces

Clearly, substantial and undreamed of leverage has been given the price of gold to junior Canadian gold mining stocks! To "buy" the CDNX index would have cost you five ounces in 2007 can now be had for less than an ounce at .83/oz.! We can relate to this as our stock portfolio of junior SILVER miners are still languishing as well. Who will the major miners turn to for growth?