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Gold/Mining/Energy : Canadian stocks that pay DIVIDENDS!!!!
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To: Goldberry who wrote (104)3/30/2001 7:51:58 PM
From: Fun-da-Mental#1   of 129
 
Graham, about Sherritt:
Most of their assets are in Cuba right now. If the Luscar bid goes through, that will change the balance to about half in Canada and half in Cuba. I guess the Cuba factor is the main thing holding their price down. However I'm not too worried about it. America would love to bring Cuba back into the capitalist fold, but to go in there and confiscate property, especially from other western capitalist interests like Sherrit, is not their style. That would make them just like the communists! Can you imagine the hell that would raise? No, it makes more sense for the Americans to come and make a fresh start investing in Cuba, alongside Sherritt and other international companies, just the same as they've done in other post-communist countries.

Fun-da-Mental
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