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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (19324)	5/28/2002 12:47:44 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Maurice, I just purchased one standard platinum watch worth of AurionGold shares listed in Australia, at AUD 4.5/share, using my USD at the broker, leaving my AUD cash undisturbed in their deep slumber. Consider the action as 'tossing a grenade down into a dark and whispering basement'. Will the metallic pineapple get tossed back up? The decision was not difficult, and was almost as easy as once deciding to buy ICGE and VERT, when those still-soon-to-be Internet titans were climbing on the other side of the Wall of Worry, long before the cataclysm implosion. Placer Dome of Canada announced a buyout in exchange for shares, valuing Aurion at AUD 4.5. My theory is that, at the end of the drama, in the big picture, the risk is minimum even if one buys days after the buyout announcement, as the Internet shares once were, even if there is no discernable arbitrage profit left on the table. Look! Levitation! No hands! We will see. Chugs, Jay