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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (1965)	1/16/2000 5:54:00 PM
From: TheMajor	of 2259

LDM: Hi Ward: <<"blowed up real good">> Reminds me of that ad on CNBC (Ameritrade? E-Trade?) where the guy doesn't like the "Blow'd Up" movie and sells Tri-Mountain Studios!! :) Maybe that's where we are with LDM. Yet, maybe not. LDM now has a 5% dividend. It's payable on February 15th. That's a few bucks. LDM has a share buy-back program. That's positive. ( Some wit may say it's just as well management is buying the shares back because no-one else wants them!!) But again, look at the volume. It's big, so the players may be selling but the players are also buying. You may well be right in your technical analysis and trading range in the short term in which case it appears I'll be underwater for a while. But, like you, I'll sit back and see what happens. I don't like dead money any more than anyone else does, but if I see a spark, no matter how dim, I'll give it a chance. More fun and games tomorrow!! Kind regards TM

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