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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (94854)5/2/2003 12:28:33 PM
From: goldsheet  Respond to of 116806
 
> Have not paid any attention to aluminum.

Between the monster smelter Alcoa is building in Iceland
(with tax support) to replace high cost (electric)
elsewhere and Chinese smelters (cheap hydro power),
I do not see any shortage in aluminum.

Copper used to be about $US1000/mt more expensive
than aluminum, but is now only $US300/mt more.
goldsheetlinks.com
Arbitrage ? long copper, short aluminum ?

P.S. Trivia:
Earth's crust is:
8.13% aluminum/bauxite (most common metal)
5.00% iron
0.0058% copper
0.0000080% silver
0.0000002% gold

P.P.S. Notice last number implies an AU/AG ratio of 40:1 based on natural abundance.



To: TheSlowLane who wrote (94854)5/2/2003 12:49:39 PM
From: goldsheet  Read Replies (2) | Respond to of 116806
 
Like Ivanhoe, but Wheaton has too much silver (but will bounce)
I dislike silver, its' the poor man's gold because you'd be
a poor man owing silver instead of gold for the last 5 years.
goldsheetlinks.com



To: TheSlowLane who wrote (94854)5/3/2003 8:59:48 AM
From: David Michaud  Read Replies (1) | Respond to of 116806
 
CNI Canico is the best Nickel deal out right now.
The NPV of their Brazil deal is much more then current market cap. It won´t stay unnoticed for much longer.

D