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

To: Box-By-The-Riviera™ who wrote (13703)	7/9/2003 7:18:52 PM
From: orkrious	Read Replies (1) \| Respond to of 39344

kind of a dead issue until next year late no well, I first bought at prices ranging from $1 - $1.20 when the district court decision was announced. It was a dead issue then, too. I believe DeVoto told my friend they expect the appellate court decision within six months. If it is announced tomorrow, you will have lost the opportunity to buy at today's prices. Even if the court decision goes against them, it is likely to be overturned by the populace next November. The smart money is quietly accumulating.

To: Box-By-The-Riviera™ who wrote (13703)	7/10/2003 7:37:36 AM
From: russwinter	Read Replies (2) \| Respond to of 39344

I agree with orkrious, although don't place high hopes with the courts. Typically, courts will come back with "ripening" rulings (delays)in land use cases of this magnitude (could bankrupt already bankrupt Montana). In otherwords have you exhausted all your remedies (such as a new initiative to repeal)? I think the takings case could be won if necessary in 2005, if the repeal campaign is lost (I'm betting on victory). I think waiting until Nov. 2004 (or shortly before that) will be way too late. In the meantime it will trade along with the sector. I'd like to start the clock ticking for long term capital gains, which ought to be substantial when and if I-157 is repealed next year. The takings case in 2005 is my fallback if they lose.