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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: DetectiveT who wrote (19269)11/9/2004 10:37:35 PM
From: rubbersoul  Read Replies (1) | Respond to of 312531
 
Re: EPM.U <Maybe the government there has changed or have passed western type mining laws since 1997?>

I think they have or at least are trying to. Ivanhoe are also in Kazakhstan.

uskba.net

Re: ANO.U

<- Trading in US$, it loses out on the Canadian $ currency play at least now while the C$ is zooming.
- Perhaps more importantly, having the gold in Turkey, some investors may be scared off by the proximity to the increasingly more unstable middle east ie Iraq, Iran etc.>

Yes these are my concerns as well. I don't quite understand why ANO.U chooses to trade in US $.
I just know that they are extremely cheap and have blue sky potential with Kinross and Rio Tinto behind them.

Thanks for your 2 cents!

Cheers,
John



To: DetectiveT who wrote (19269)11/9/2004 10:54:12 PM
From: Claude Cormier  Read Replies (2) | Respond to of 312531
 
For what it is worth,

According to an analyst from Cannaccord Europe who met with Kazakhstan officials, they are open for business and are very supportive to a new mining project with the west as a partner.

Re: The strength of the $C and ANO.U, it is not really significant to compare a possible 15-20% advance in the $C against a possible 500-1000% in the stock price.

As for Turkey... the country is in very good shape I think.


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