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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: VisionsOfSugarplums who wrote (1383)9/10/2001 1:45:16 AM
From: Peter W. Panchyshyn  Read Replies (2) of 11633
 
If the Empress contracts were priced in
US dollars, that price wouldn't make sense.
It'd be too high. The price is tagged off
of the US market but transportation must
be paid to actually get it to that market
(or vice versa).

----------- Who ultimately pays for the transportation of the product , any product that is sold or produced. Is it the producer or is it the buyer? You make it out that the producer has to absorb ALL the costs. Ultimately who pays the costs. If it costs ( and shipping is a cost) me $5 to make or get a product I am not going to sell it for $5, it doesn't make sense? What you seem to be saying is that I should be happy to sell it for that. Now the buyer on the other end he needs that product to use or resell. Is he really going to say I am only going to buy it from you for $5 take it or leave it? There is a good chance the producer will say screw you. What then does that do to the price. Your so caught up in numbers you can't see the broader picture.
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