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Gold/Mining/Energy : ARU.V Aurelian Resources Inc

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To: sakinkoylu who wrote (340)3/18/2007 5:05:25 PM
From: BritNick  Read Replies (1) of 516
 
Sakinkoylu, six months would not even get him to the final outcome of the Constituent assembly. Previous oustings have happened when the leader loses favour with the people then a corrupt congress orchestrates a Presidential removal. Correa is playing this one smart, he has terminated the 57 who are against him and has received a blessing in this regard from the OAS.

If he can limit the infighting of the constituent assembly and keep the Nationalization rhetoric to a minimum, we will see investor confidence increase. The CONAIE is poised with 25 different organizations in their tent. Correa has to bargain with these Nationalists, I think he is capable of doing that.

Meanwhile we have ARU, CTQ, DMM, ACX and a raft of other plays that are stuck in neutral since their post election drop. Progression of these plays is highly important in the scheme of things to come. I believe we will see progression but at the same time lots of negative talk coming out of the Constituent Assembly.

The barometer will be what happens not what is said, if CTQ get their handcuffs off or DMM are granted their permits ARU will resume an upward trend, if none of this happens expect much of the same while we wait.

Of course a statement from Alberto Acosta that there will be no major changes to the mining industry would also help tremendously but he has been as quiet as a mouse as they move towards this referendum. In fact the opposite has occurred where Correa has stated the industry will be reviewed but he fell short with any details, that is why we are in this quagmire, a complete lack of information or details regarding the industry as a whole.

Take out possibilities whilst this is happening are slim to none. Lets hope the drills keep turning and when the lights are turned back on this stock will soar, until then the bottom is an unknown number.
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