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

To: Michael Bidder who wrote (22627)	10/22/2003 9:53:46 AM
From: Fishfinder	Read Replies (1) \| Respond to of 39344

Also didn't they just sell $50m worth to a bunch of Hi Falutin investors last week at $11.30cdn. each. With China in the manufacturing spotlight and with a PP valuation at $11.30 thats only a week old. And with the price of copper and gold going up, and 16 drills churning up more results, I think I'll hang onto my shares a bit longer. Till the dust settles anyway. Scott

To: Michael Bidder who wrote (22627)	10/22/2003 11:32:25 AM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 39344

The Mongolian Empire case is a little on the weak side. The country has 2.6 million people and a GDP of $4.7 billion. Microsoft has 10X more cash than the total GDP. Also, the govt spends a total of $328 million and has revenue of $260 million. How are they going to finance the infrastructure? More Russian subsidies? Is the World Bank going to help RF build a mine? Don't you think with that kind of expenditure gap they may looking for more tax revenue or perhaps a big chunk of TH?