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Strategies & Market Trends : Ride the Tiger with CD
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To: russet who wrote (88985)8/19/2007 5:05:53 PM
From: koan  Read Replies (4) of 313337
 
russet; "What if the slowdown in the U.S. is in the vehicle manufacturing and construction sectors? Think that won't affect base metals? "

That is what I am wondering? I want to buy back into BWR wts as they are such a cash cow, but I cannot figure if the fundamentals of BWR which are so strong will overcome the base metals question.

BWr does produce 50,000 oz of gold and 2 million oz of silver besisdes zinc , lead and copper.

I am thinking BWR hs so much cash if prices get too low they will buy their stock back. They have said they were ocnsidering buying back their stock.

Base metals prices should stay high enough for base emtals producers to make a big profit anyway??????
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