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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (36509)	5/6/2000 2:02:00 PM
From: Ward Nicholson	Read Replies (1) \| Respond to of 62348

Buckmeister, While everybody seems to think that technology is the sector that will re-emerge as the leader of this market, I think we're in the midst of a huge shift in market leadership. The energy sector is doing quite well right now, but the mining and precious metals sectors appear to me to be awakening from a long 5-year slumber. It's just my speculation, but I think the money that lead the techs is being re-deployed already in these sectors. So, to answer your question...yes. It'll be interesting because many of the newer investors and traders have never played anything other that the tech sector. They won't have a clue what's happening until these stocks have already doubled. They'll still be whining about how their favourite tech is undervalued. Just my $0.02. WN

To: Buckey who wrote (36509)	5/6/2000 3:47:00 PM
From: Syncrude	Respond to of 62348

(OT)Re: KRY The Supreme Court of Venezuela ruled three times in favor of Crystallex and ordered the Ministry of Mines (MEM) to publish the transfer of Las Cristinas concession to Mael (a subsidiary of Crystallex). In June 1998, when Crystallex in a fourth procedure, seeking to have its ownership rights enforced (ie. remove the contract-of-work from Minca (CVG-Placer Dome) joint venture, the Supreme Court refused to recognize Mael as an interested party. There was one very strong dissenting voice which pointed out that the fourth ruling ran counter to the three previous ones and was not consistent. It is now rumored, that the latest legal challenge by Crystallex (registered owner of the Las Cristinas concessions in the registry offices) has resulted in a ruling "favorable" to Crystallex. As the ruling has not yet been entered into the public domain, we await a press release by Crystallex prior to the Monday open. As you know, Placer Dome's contract-of-work expires on July 15, 2000 having undergone a suspension since last year due to weak project economics. If the project is not restarted at that date, CVG has the unilateral right to cancel the contract. It is expected by most Crystallex shareholders that the ruling yet-to-be-disclosed will preempt that process, paving the way for Crystallex to finally exercise its rights over Las Cristinas 4 and 6 (5 and 7 are subject to claims by another party). Placer Dome has made provision for quite some time now, in its financial reports, for the potential loss of Las Cristinas. Trading in Crystallex shares was halted on Friday afternoon (TSE and AMEX) pending news. Crystallex is cash flow positive and operates the San Gregorio mine in Uruguay (ex Rea Gold property), has bid on the Tomi property in Venezuela (Bolivar Goldfields) and has a dormant mine (Albino) in Venezuela as well as a number of exploration properties. The Las Cristinas 4 and 6 concessions have been reported by Placer Dome (in the 1999 annual report) to contain 7.4mm proven and probable oz and 2.3mm oz of mineralized material. In addition, PDG reports 601mm lbs of proven and probable copper reserves and 179mm lbs in the mineralized material category.