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


To: russet who wrote (3209)10/3/2002 6:20:33 PM
From: marcos  Respond to of 8273
 
russ' new thread - #Subject-53273 - is on hot subjects just now, might as well run it good, i've bookmarked it ... it's an intriguing idea, that with non-resource sharemarkets tanking hard there may come buy opps in them within our lifetimes ... by new year's i may have bought a non-gold, or maybe by the new year's following

dmw.to - it's the Otterbea thing that interests me there, i'd like to know more about it, like what is the exact nature of their fuel supply business, do they have trucks with which they deliver, or do they simply act as agents, providing the connections and a means of securing payment .. it is definitely true that with a working infrastructure in Africa, they will be in a better position to deal with, or at least accurately assess and anticipate, political risk ... quite possible that they get multiple diamond mines rolling too, with peace breaking out in SL and Angola ... i haven't traded into freebies yet this time around, just got a few, i'll likely be bidding for a few more

Otc-bb - i have really mixed feelings about these 'cert calls' ... on the one hand, a disgustingly unethical system of naked short selling probably is the rule down there, with market makers selling paper that does not in fact exist, which seems to me like it should be long since covered under laws against fraud .... but on the other hand, so many of the 'companies' who make a big deal of this have been sleazy beyond imagination, many of them outright scams, printing sharepaper with abandon as their only real 'business' ..... got to remember, this is where the players of the bad old VSE went