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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marcos who wrote (71112)2/8/2009 3:51:07 PM
From: carranza2  Read Replies (1) of 74559
 
I looked at MMG, but when I saw that Penyoles [your enye recipe does not work for me] pulled out, that was it for my interest, pretty much. Penyoles is a very shrewd operation.

Have you read about the Naica crystals?

scribd.com

I am familiar with the Naica mine, which has been in operation since the late 1700s. The mine manager back in the day was a family friend and would have us over for visits. The mine was at the time owned by a British outfit, Cia. Minera Fresnillo. I remember his private bowling alley in the middle of nowhere and the mini-crystals he'd give us as souveniers. Nothing like the spectacular crystals which have been recently found.

I hold a small lotto ticket sized portion of BQI. Very cheap now like all Cansands because the sandbox is uneconomic at present crude prices. That should change as will the share price.

I am holding very few equities. Mostly gold in various forms, crude double long ETFs, commodities ETF, an oil trust, the loonie, stuff like that. Did nicely with RIC but am out. Have a fair-sized short bet on the UST long bond via TBT.

Standard bear fare.
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