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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (27150)	2/24/2005 4:48:35 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 110194

<<Why doesn't Harmony properties from them?>> Because: a) Harmony likes to make money.... and b) Harmony figures if they wait a few months they can scoop the lot for pennies on the dollar of what it would cost now and c) Harmony's management is still getting pilloried for the ill-fated decision to take over GFI and they're not in a hurry to pile into another one. I thought the same thing earlier, when they were trading at 78 cents....if it goes much lower they'll get taken out. But unless the rand turns, soon and big, I think they're toast.