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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (2410)3/13/2002 2:44:37 PM
From: Frank Pembleton  Read Replies (2) | Respond to of 39344
 
Wayne -- I would not buy a stock because I thought it was a takeover -- that's my motto too... take a look at it this way, it would probably be a total kick in the groin to anyone holding BAY if PAA makes a play for MFL. If BAY is at full value at today’s silver prices then it would be prudent to look elsewhere for value... yet again.

FWIW - I don't believe that any of these mines are total pureplays anyway - if it's not zinc it's lead, if it's not lead it's copper ... so what if the by-product is gold?

Is BAY at full value @ $50 silver? As I said before on my own private thread (since no one posts there anymore) I'm playing silver much more than I'm playing Corner Bay. Methinks you guys are going to have to get used to seeing me here for the next couple of years anyway. And after that? If there's a shortage of corn, I'll be posting farm reports on SDII.

BTW, no offense taken on your SDII remark... In my life as an Internet superstar guru with a thread and without a clue - it seems I've given a reason for some really dumb bastards on some other threads to cause me all sorts of grief - so having your boot in my ass is an honour my friend.

Regards
Frank P.



To: TheBusDriver who wrote (2410)3/13/2002 2:53:39 PM
From: russwinter  Read Replies (2) | Respond to of 39344
 
Peru's Minister of Mines comments on MAN at PDAC today:

Infomine:

Investments totalling USD4.1 billion are planned in Peru's mining sector between now and 2010, the country's energy and mining minister, Jaime Quijandria said in a statement issued at the Prospectors & Developers Association of Canada meeting in Toronto, reports BNAmercas.com. Quijandria reportedly mentioned investments by Southern Peru Copper, Minera Yanacocha, Minera Quellaveco and Manhattan Minerals, in Peruvian mining projects during the next few years contribuing to the total investment. Last week, Manhattan Minerals provided an update on the feasibility study and EIS on its Tambo Grande property in northern Peru where it is planning to do the social and economic components of the EIS, along with management, mitigation, and contingency planning. If everything proceeds according to schedule, construction work is anticipated to begin by year-end and take four years to complete.