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Gold/Mining/Energy : ECHARTERS
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To: Graystone who wrote (3111)4/9/1999 2:13:00 AM
From: E. Charters   of 3744
 
I cannot reflect too much about Crystallex except to say that they had to have good money behind them to recover from the scam and segue into a real mine, waiting courtesy of a gold loan group that had to take it back. You get high prices and these engineers overplan every time. Conservatism and number crunching what-if pays. The lenders do it with a very finely pointed pencil and they never seem to lose. A lesson too late for the learning for Rea. Everything looks expandable at SG.

VZ seems intent on deep pocket expansion only. One wonders if it does their citizens the most good. The socialists root for the underdog and give a hand to everymother's son. They wipe a tear away for every poor man, especially if his church is theirs. They realize that only governments with good vision and pervasive intelligence can support the grand vision and large industry that it befits the poor man to work for. So in partnership they allow the empires to be built that will allow each man a fitting place at the wheel of their industry. Far better than the trickle down hurly burly of random capital fates that seems to catch many who deserve in its cogs of its impartial turning. Socialism depends on its course for the automata of design and high committee to foresee each reef in its course. Oft this ship of state sails smoothly though uneventfully for many years. If VZ had imitated Canada by design but let is sores show a bit more it could not have been a closer fit.

EC<:-}
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