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To: Golconda who wrote (59040)	1/17/2005 8:24:09 AM
From: Golconda	Read Replies (1) \| Respond to of 74559

Mining stocks gained today after Deutsche bank increased its target on some sector players - but it sees Rand strength going forward as a problem. It said strong GDP growth would deliver above-trend global industrial production growth in 2005 and 2006. The broker said it sees strong commodity prices, with big hikes in steel making inputs (coking call & iron ore) & aluminium. However, the Rand rise is the major offset. The broker upped its long-term estimates for aluminium, lead, zinc, gold, coking/thermal coal raised by around 15%, but argued that the shares are already discounting strong commodity prices. The broker maintained its recommendation of the sector at a "small underweight" and said there was a risk of pullback in UK miners. It thinks this would be a buying opportunity. The broker downgraded its stance on Lonmin (down 0.5p to 952.5p) shares to "sell" from "hold" and cut its target to 800p from 950p. Deutsche also increased its target on Anglo American (up 21p to 1,239p) shares to 1,130p from 1,120p but maintained its "hold" stance. It increased its target on "sell"-rated Antofagasta (down 3p at 1,092p) shares to 970p from 910p. The broker's target on "hold"-rated BHP Billiton (up 22.5p to 625.5p) was increased to 640p from 620p, with Rio Tinto's (up 35p to 1,550p) target increased to 1,350p from 1,300p. The shares are rated a sell. The broker also increased its target on Xstrata (up 16p to 886p) stock to 930p from 910 and its target on Vedanta (up 10.25p to 396.75p) stock to 420p from 370p. Both shares were rated "hold."

To: Golconda who wrote (59040)	1/19/2005 8:00:53 AM
From: TobagoJack	Respond to of 74559

Hello Anton, I looked and I looked again, and ... I am scared, not so much of Bisichi, as its business seem straightforward enough, and its assets should already be valued fairly, including the embedded call option on coal. My difficulty is as I stated earlier, that I am over-loaded/lopsided with a sub-penny stock here in Hong Kong, even as China is at the precipice of what could turn out to be a discontinuity event. I do feel naked without coal wagers. By the way, today has been a good day: finance.yahoo.com (all hail Anton Golconda :0) up 57% from purchase back last September. ... even though my ERA took a well deserved rest finance.yahoo.com a 76% from purchase September last year (all hail David Taikun :0) ... and then there is this uk.finance.yahoo.com , the Sun of my life (all hail I do not know who or what) that will provide my Coconut Erita an education. Chugs, Jay