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

To: Stephen O who wrote (21719)	10/4/2003 11:40:34 PM
From: Proud Deplorable	Respond to of 39344

<<Kansanshi Lufua Bwana Mkubwa Lonshi Mopani Billiton Mwinilunga>> Well you don't have to start swearing at me >g<

To: Stephen O who wrote (21719)	10/4/2003 11:44:26 PM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 39344

I agree with the Quantum story. I owned it at C$4.75 and sold too early. Country risk is very large here but I think this does have a chance. It has to position to get taken out. I'm focusing on the low grade nickel junior resource companies right now as the market is going to fall in love with a bunch of dogs that have no long term viability but are going to have some short term upside.

To: Stephen O who wrote (21719)	10/6/2003 11:48:27 AM
From: GeoDude	Read Replies (2) \| Respond to of 39344

No doubt that DRC has the world's prime targets for Copper. I have many beautiful samples from the country at home. The problem is that the political stability of the country is fragile and that 55 million people live there, most in poverty and most young and exhuberant (especially with AK-47s). For any company to invest major bucks would require a very short pay-out and that limits the size of projects and the size of the prize. But, who knows, maybe the country is going to get better and FM would be a good "hedging" type bet. But, in a week, it could go back to what it was in 1996-98. LIA