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Gold/Mining/Energy : An optimist's thread...six generation cows

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To: Bobby Yellin who wrote (3)4/22/1997 12:47:00 AM
From: mike timoranszky   of 12
 
hi bobby , during the eighties the auzzies misbehaved and sixty percent of them got the boot , your right the indos want to do business and if they think that a co. is there to shaft a market then they will reject them , however the evidence that they gather to base their opinions regarding integrity is not open for analysis and is finnal , so you have to answer a few questions ,
firstly ,is the co. sqeeky clean ?
secondly would the indos profit handsomly from evicting the co. ?
bre-x has given the indos a mandate to clean up the renegade opporators but more importantly and much more profitably it has given them the oppurtunity to steal ,
if a company has been asked by an exchange to reassay or to provide
verification for its results and the subsequent results did not reflect the initial ones then such a company would be at risk of a rude surprise .
i would be optimistic if the co.s in question did not in the pre bre-x fiasco times promote themselves as having the same mineralogical or geological profile and therefor the same potential as bre-x .
after kicking out 60% of the auzzies in the 80ts did the remainder of the foreign investors call foul , pack their bags and threaten not to come back untill the auzzies were compensated for thier losses or did they turn on them and attack their reputations by saying things like "it serves them theiving bastards right" ,
the good people of freeport is what the indo experience is about , if you get a chance to read the history of freeport you`ll see exactly where to look for optimisom in indokneesszza .
from a fast play perspective the most profit generating thing to have happen is that the freeport samples turn out wrong and the purchacers of the cheap indo stocks would make a quick billion or so for their months work ,
always looking for optimizzum ,
regards
mikey
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