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


To: TheSlowLane who wrote (28972)4/5/2004 1:17:53 PM
From: TrueScouse  Read Replies (2) | Respond to of 39344
 
<<Sold the last of my Ivanhoe Mines today and added First Quantum>>

Followed your lead -- after doing my own DD of course! I've been looking for an excuse to get some FM snce we discussed it at the PDAC, and I think you're right that it has more upside than IVN over the next year with the copper prices at these levels. I also added some of my favourite tiny copper explorer -- Pathfinder (PHR).

BTW, I got some interesting emails following my posts a few months ago on the relationship between silver and soybeans! Today, the May Beans touched $10.64 -- the historical high for Beans (going back to 1958 in my files). They dropped like a stone for the next hour and have now stabilised. But one of these days they're going to break above this level -- and then watch the fun!!! It's going to be "beans in the teens", which is the famous chant the floor traders struck up when they last approached these levels in 1988. Beans have *never* been in the teens -- but maybe this is the year. <vbg>

So, if we get a historical high for beans, the one for silver shouldn't be too far off... But of course there's no connection between the two... :^)

Cheers,
Howy