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Gold/Mining/Energy : Canmine resources -- Ignore unavailable to you. Want to Upgrade?


To: Marshhawk who wrote (1881)9/13/1999 8:53:00 PM
From: Marshhawk  Read Replies (1) | Respond to of 2769
 
While I try to get up to speed on Goro, anybody else think Thompson strike to be a big deal. Are the laterites short/sold forward. Market doesn't seem to think that 25% of INCO pdt being shut down (50kt/pa ?) is a big deal. What happens 3 weeks from now when market realizes the mines will be shut down for months and that Glencore, for instance, has to buy back metal at $8200.

Laterites may be best thing since sliced bread, but it might be 8$ a lb bread.