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Gold/Mining/Energy : GLAMIS GOLD - GLG

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To: Skywatcher who wrote (409)	1/14/2005 9:17:09 AM
From: Cage Rattler	Read Replies (1) of 459

Well opinions and approaches to mining profit and production can and do differ. From your comment I surmise you are emotionally involved when it comes to GLG and perhaps mines in general. However, altruism and mine management are a tough to impossible mix – some folks are perpetually offended by miners regardless of what is done. Returning to the subject at hand, I doubt the Guatemalan situation is much more than orchestrated theatrics designed for increased payoffs to local authorities. Certainly, socio-economic turmoil in Guate should be no surprise to anyone familiar with the local folks – that’s how it’s done. This news is a concern and should cause some to invasion muslim-like terrorist trash in Guate. Presumably, those folks will head for the exit door and provide a supply/demand imbalance opportunity for those with cajones. The risk-reward seems to favor buying on this dip and I envision a rapid recovery. Then again, but less likely, we could see a rapid drop to a more comfortable PE ratio followed by a long-slow recovery. Who knows?

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