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Strategies & Market Trends : BAK - Investing

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To: batman10023 who wrote (2668)5/14/2012 11:58:16 PM
From: Spekulatius   of 3249
 
Re: TEO PE drops below 5

Argentina has given Vale, Barrick, Pan American Silver & AngloGold15 days to present plans to replace imports with goods manufactured inthe country. (Financial Post)
15 days is not a whole lot of time to make significant changes to a supply chain or significantly change a mining operation. Argentina might as well state directly that this operations are going to be nationalized, no matter what. This is getting more and more whacky....
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