SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Anatolia Minerals Development Ltd V.YMC.U -- Ignore unavailable to you. Want to Upgrade?


To: menanna who wrote (414)10/4/2003 12:56:02 PM
From: jrhana  Read Replies (1) | Respond to of 468
 
<BTW, the gold market is like the streets of Paris the night of August 24, 1572: the massacre of the Huguenots dans les désordres des guerres de religions>

Cosi?

Le donne italiane sono molto drammitiche

<g>



To: menanna who wrote (414)10/5/2003 5:09:38 AM
From: que seria  Read Replies (1) | Respond to of 468
 
I expect the combination of Turkey and "security concern"
in the same breath, plus a correction in the gold price, will keep ANO under pressure in the near term. From the PR:

Drilling has paused at the Kizilviran copper/gold porphyry prospect in the Tunceli joint venture area in Turkey while partners Anatolia Minerals Development Limited and Rio Tinto Mining & Exploration address several specific issues. Both partners are committed to a rapid resumption of drilling, but want to resolve problems with drilling, assaying and a short term security concern before recommencing drilling.

No one could be trying to pirate the long but not exactly bonanza-grade intercepts. Wonder what the security concern is? Hope the local folks don't have issues with drilling.

If it keeps going down, I see it as a buying opportunity for LT investors. I acknowledge the risk that ANO may continue to molder (price-wise) compared to a host of less well-mineralized movers with deposits in areas that investors prefer to Turkey. $.90 is quite possible; maybe even $.70, if gold moves down to its rising trend line.