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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: patron_anejo_por_favor who wrote (3441)8/19/2003 11:01:40 PM
From: orkrious  Read Replies (1) of 4905
 
lol, the only thing missing is the election night 2004 commentary on CAU, whose future depends on the wise citizens of montana repealing their unwise litigation banning cyanide leach mining. I expect that the commentary at the market close the following day (when PoG is at least in the high 400's) will go something like this:

The Montana voters voted overwhelmingly, 63%-37%, to repeal I37. This will create jobs, and it will give the budget-starved State a 5% royalty on all of the sales from the 10 million ounce gold and 20 million oz silver MacDonald mine. In response today, CAU traded up $24, to $52/share.

(disclosure: long my 3rd largest PM position at an average of less than $1.20) <bfg>
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