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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (42302)12/1/2003 4:48:08 PM
From: Condor  Read Replies (1) | Respond to of 74559
 
Tieing to gold would only slow things down - over $500, many more deposits become profitable.

Absolutely correct but several of the producers would make so much money they would go nuts like a junior. Identify them and position now if you believe. At $ 1000, grandmas rings are going to be smelted. :o)

EG: The last thing big producers want is Nickel at $ 12.00/lb. There will be many orebodies brought on line and they will be very efficient and modern and indebted and be an overhang on the producers market for years even as Nickel drops to $ 5.00. The upstarts owners will need to produce for cash flow and surrender a profit model in order not to forfeit the entire investment.
The big producers know that there is a fine line in price that should not be crossed. They will produce wildly into an expanding price market not only for profit but for market balance.

cheers
C



To: energyplay who wrote (42302)12/3/2003 8:29:36 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi EP, I just put in the order to augment my following existing positions in Canada:

Acclaim Energy uk.finance.yahoo.com
Advantage Energy uk.finance.yahoo.com
Baytex Energy uk.finance.yahoo.com
Petrofund uk.finance.yahoo.com
Canadian Oil Sands uk.finance.yahoo.com

BTW, this search.ft.com. is considered bullish by me, because the man Li Kai Shing and more importantly, his chief of staff, Cannine Fok (the guy who was responsible for Hutchison/Orange etc) is alert to trends ...

Li Ka-shing sets up new gold trading business
By Justine Lau in Hong Kong
FT.com site; Dec 03, 2003


Chugs, Jay