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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (3284)	12/18/2005 11:05:34 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 78410

"The Peruvian elections -- the presidential elections in Peru, which will take place in April 2006, will have an enormous impact on the business climate in the country, particularly for mining companies. By creating a public outcry about one of the best-known gold mines in Peru, activists hope to keep the pressure on mining companies in the pre-election period. They also want to make it difficult for whoever prevails in the election to take a more pro-business attitude afterwards." newmont.com

To: orkrious who wrote (3284)	12/18/2005 11:06:36 PM
From: Cogito Ergo Sum	Respond to of 78410

naw ork... THIS is ST doom and gloom... financialsense.com K

To: orkrious who wrote (3284)	12/18/2005 11:12:41 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 78410

I don't follow the HUI. I have no interest in it. My oil sands stocks have FAR outperformed my PM stocks. HUI has nothing to do with it. I suppose if I had a portfolio of expensive senior golds I might agree with you but I don't own traditional oil stocks. In the last 2 weeks my PF soared 75,000.00 and that was mostly due to the energy stocks I own, CLL in particular. I didn't say Peru was dead. I said that if the leftists win they will likely nationalize everything. Maybe it won't happen but I hardly am Full of it if Newmont concurs, am I?

To: orkrious who wrote (3284)	12/18/2005 11:32:43 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 78410

"We’ve got an election in Bolivia this weekend and it looks really bad. And it’s a Chavez-backed person who’s likely to win that. Now Bolivia is not a big deal anymore, we’re not talking about the Patino tin mine, but it is a major natural gas producer and this is viewed as something where the natural gas thing will be nationalized. But the victory for this radical in Bolivia suggests that the next big election, which is PERU next year, the leader in the polls there is somebody who actually makes Chavez look somewhat moderate and a Chavez ally with financial backing from Chavez. And so this is already knocking the PERUvian stock market down. And we’re talking here about the world’s fourth biggest copper producer. This is not a trivial election. Because if these mines are nationalized, and the candidate there is talking about abolishing currencies and abolishing private property, I mean, he’s a true radical and a person who’s been prepared to actually engage in open warfare. It’s hard to put a good spin on this story. " COXE Message 21982442 So don't be a long term holder of Peru Copper without watching events unfold in Peru which could send it to the bottom while copper itself soars...hedge it. Message 21984270 Message 21982692