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

To: TobagoJack who wrote (53776)	9/28/2004 10:04:32 AM
From: Condor	Read Replies (1) \| Respond to of 74559

The CDN $ has gained some strength and many rumours abound of its continuing rise. (eg: .82 to .85 by as early as the end of '05) China purchasing Canadas Noranda gives it 45% of the fourth largest copper mine in the world in Chile through Norandas wholey owned Falconbridge Ltd. I'm hearing that China may step up to the plate in Canadas oil tar sands and become a major player(investor). Perhaps Canada is seeing a trend shift here and will slowly see us wean off the USA (85% of exports). C

To: TobagoJack who wrote (53776)	9/28/2004 12:07:32 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Hello Jay, I'm happy your AREVA is rising, but I question in the long run isn't it to uranium what oil services are to oil wells? The missing ingredient is oil, not the rigs etc. The valuable decisive thing is the uranium not the reactors. As the resource gets less and less there is automatically less competition, whereas we can make any amount of drilling rigs or nuclear reactors, whence the grovelling that you noted. JMHO. Chugs, Malcolm