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Strategies & Market Trends : Natural Resource Stocks

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To: akpirate who wrote (3407)11/15/2003 11:28:39 AM
From: Jim Willie CB   of 108611
 
South African golds are an utter waste of time and money

in spring 2002, I made this statement and few believed
now several SA golds are laggards, not doing well

I made three big points:
1. Marxist bastards would screw shholders on amount paid for company

(it happened last spring with coerced low figures shoved down their throats without proper value assessment by independent agencies)

2. Marxist bastards would screw shholders on followup costs for the company to absorb

(it happened last summer with community rebuilding of schools and other facilities tacked on)

3. Marxist bastards would prevent optimal resource allocation, blocking the appropriate decision making processes

(still to be seen)

show me some charts of any SA golds doing well while the HUI broke out to new highs

/ jim
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