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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (27862)	3/4/2005 9:47:16 PM
From: Carlos Blanco	Read Replies (2) of 110194

$10 - did you type that correctly? yep, check out the bloomberg video/transcript, though obviously that assigns more value & certainty to agua rica than what the market is doing at present. there are also rumours that the value of the reserves will be upgraded significantly this year--i haven't heard the BMO presentation yet but i understand that the ceo talked about 60 billion instead of the previous 40 billion. that said, i will probably book some short-term trading profits pre-earnings conference just in case there is a sell-the-news reaction if they don't announce anything major. but plan to continue holding a good-sized core position.

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