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


To: mailcat8 who wrote (28318)3/1/2004 8:34:01 PM
From: Little Joe  Respond to of 39344
 
Wrigby:

Great chart, but if legal issues are not resolved it will crash.

Little joe



To: mailcat8 who wrote (28318)3/1/2004 8:42:59 PM
From: orkrious  Respond to of 39344
 
Anybody still holding this one?

I've still got every share, avg price $1.37. It is almost my second largest holding (NEM is second, PAAS is first). I may sell a little prior to November, it depends on how well the stock does. If it keeps going up, I will lighten up a little.

I think that I37 will be overturned. Looking at the stock action and its refusal to come down, I think some smart people agree.



To: mailcat8 who wrote (28318)3/1/2004 10:23:53 PM
From: que seria  Respond to of 39344
 
I hold a small CAU position and have been waiting for a
pullback to add. My bet is that (1) the voters set aside their last vote on cyanide leaching and then, as a result (2) the state abandons its position that Canyon lost its mining rights to the deposit because it didn't engage in (futile and wasteful) effort to mine the deposit after the referendum nullified the only economic means of doing so.

But I agree the air comes out very fast from the stock if it starts looking as though the repeal won't pass. I like the risk/reward and I'll wait for a position to go long term for a better tax rate.