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Rubino's interview was excellent. Of particular interest were his comments on the effects of this price rise on producers. Cut off grades will be reduced almost to detection levels. There are quite a number of very low grade deposits that will become very interesting as price-levels rise further. A large 0.3g deposit is a curiosity at $1,500 Au, but is an entirely different proposition at $3000. At $5000 or higher, the in-ground value trends into billions. Junior explorers with advanced projects may take on very different aspects soon. John Watson "NVX"

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