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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (52586)11/9/2007 3:04:33 AM
From: Mr. Aloha  Read Replies (3) of 78419
 
I did the opposite and bought more MMG and EPM. They're two of the best buys around -- not garbage at all.

Actually, now would be a great time for Canadians to buy U.S. stocks that mine metals -- you can get the shares for cheap. Pescod says Canadian investors should be looking elsewhere to invest with their strong Canadian dollar:

Message 24026271
"the bad news is if you’re producing lead and zinc in a Canadian mine, or cars in a Canadian factory or trying to make wood in a British Columbia forest, your costs with the Canadian dollar have gone through the roof, your ability to make a buck despite of the high commodity prices has been compromise by a Canadian dollar that has flown just as much as commodity prices.

Suddenly a Canadian investor looking for maximum leverage is going to have to have his maps of the world open looking for ways to take his expensive Canadian dollar and invest it for maximum leverage in other areas of the world."
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