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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: Peach who wrote (2741)8/12/2002 7:30:21 PM
From: E. Charters  Read Replies (1) | Respond to of 8273
 
No big deal. Who does? These days the qualifiers are not that sure about gold and for it seems 100 years nobody in Canada likes Canadian narrow vein mining. It made plenty of money for Umex Thierry, Dome, Lakeshore, Campbell, Lac, Leitch, Hollinger, and McIntyre.

Bob Hope and Johnny Carson were big investors in Canadian stocks. (Bob Hope held 90 million in CDN mining stocks in the 1970's) In those days there was no capital gains on Canadian stocks so US investors were crazy about them. The liberals killed the golden goose. They introduced US style capital gains tax. It seems that since 1968 everybody I talked to who liked to move and shake in politics whispered that mining was a sunset industry and was not where Canadians needed to be. -- So Donuts and laptops are the way to go? -- The idea of higher taxes was for the politicians to get more money for their fave projects, one of which was to give all the cushy gov't jobs to their fr. cdn friends. Sure, the liberals complained like hell about the US owning all the CDN industry. then the figure was 80%. But who did they want to give it to when they took it away from the US? Well, nobody who lived west of Hull, at least spiritually. Pardon the soap box and the language ladies but anyone who votes Liberal is a fucking idiot. And if you don't want to invest in Canada, (whether you can or not, is another matter you can thank the liberals for)-- but if you don't want to, I can understand it, but forget complaining about lack of opportunity or foreign ownership in that case.

Oh.. Our company is Wildcat Resources Ltd. It is not listed and yes there would be a minimum. At the rate we are going, it never will be listed. The only way we are going to get enough money to go mining is to win a lottery ticket or have a rich uncle die. And I think I am just about out of uncles.

EC<:-}