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Gold/Mining/Energy : ECHARTERS
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To: E. Charters who wrote (2024)12/14/1997 8:54:00 PM
From: charred  Read Replies (1) of 3744
 
I agree with you on Chesbar. Lots of shares. However I took advantage of the decline in prices recently. The assocation with Barrick is probably a long term thing. It doesn't seem the management is big on promotion. In a way I like this.

Oroperu is looking for a TSE listing. Great asset.

I don't mean Cambior. I like Metallica because the recent increase in Silver prices. Basically they have a silver mine with gold credits. The assocation with Cambior shows that Cambior have to invest 20 million US into the property and help arrange financing. 77 millions tons of 23 grams Ag/tonne seems pretty good. Look for Metallica to be a long term investment.

KRY looks good. However I don't feel good with it. Being South American, this scares me. Title problems makes huge problems. It doesn't help the economies at all. Venezuela has huge corruption problems. It easy to do this there. Documents can be change. Big industry. Something is fishy here.

All the new appointments to the board of KRY scares me even more. It maybe a good buy. I wouldn't feel good if I made money on KRY. I hope Placer Dome keeps the property. Having family there in Venezuela I am quite concerned with this. The Latin American mind is quite different than you think. Contacts are everything. Corruption is a terrible thing. Canadians don't realize this. KRY did not find anything.
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