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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (4951)12/5/2001 10:12:48 AM
From: Davy Crockett  Respond to of 36161
 
I agree with you Eva... but I want to monitor how the stock reacts to the news :)

Regards,
Peter



To: Eva who wrote (4951)12/5/2001 10:28:12 AM
From: russwinter  Respond to of 36161
 
I agree, I've been valuing TVX's Hellas properties at zip already, so there is only blue sky from here IMO from Greece. In fact it's encouraging to see that TVX management actually has some testosterone. They've been screwing around with the Greek government a lot longer than I ever would have, and obviously their patience has worn thin. TVX can't keep throwing 79 MPH fast balls down the middle of the plate. Some good Randy Johnson "chin music" was in order.

Now the Greeks can get a little taste of where their socialist, inept bureaucratic leanings take them, as 500 locals who formerly earned good wages can stand in the unemployment lines at government expense.

Cost and economics were probably also a factor, just another cut back in the big trend going on worldwide. Some more silver coming off line also.