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Gold/Mining/Energy : Precious and Base Metal Investing

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To: LLCF who wrote (38496)11/21/2006 11:08:47 PM
From: seventh_son  Read Replies (2) of 39344
 
DAK, I assume you're talking about Anooraq, not Anatolia (ANO on TSX)... I did buy some shares when it was around .70 Cdn figuring it had hit rock bottom in terms of investor sentiment. I believe something similar for BMD, although it may take a month to see major gains. From now until the financing is burnt through people can swap out their shares for an arbitrage profit and lower risk alternative if the price rises much, but the time window on that will close. With the financing done with the brokerages might put away the knives now that they've got their flesh and start talking the stock up again.
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