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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (24886)9/26/2006 4:48:41 PM
From: Paul Senior  Read Replies (2) of 78661
 
Decided to try a few shares of SIL, a mining stock mentioned here several times. Sumitomo has bought into SIL's big mining venture in Bolivia. That gives me some confidence that SIL might have a viable business when the mine starts producing, and maybe Bolivia will let the joint venture make a profit. Sumitomo's investment (cash infusion) reduces SIL's risk.
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