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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (17523)	4/20/2006 11:28:59 AM
From: Galirayo	Respond to of 23958

They are firing block buys on CPST again. Better raise your sights. lol

To: Ken W who wrote (17523)	4/20/2006 11:30:59 AM
From: Galirayo	Read Replies (2) \| Respond to of 23958

>>I never liked CUP,<< You never liked PEIX either .. yet it Bagged more than once. ;)

To: Ken W who wrote (17523)	4/20/2006 12:06:56 PM
From: Galirayo	Respond to of 23958

[RTK] 3 White Solders .. and today so far it's a White Closing. Strong .. Like Bull ! :) stockcharts.com candlesticker.com candlesticker.com

To: Ken W who wrote (17523)	5/5/2006 9:20:40 AM
From: Galirayo	Read Replies (1) \| Respond to of 23958

Wednesday May 3, 12:56 AM Peru miners aim to instill confidence at gold meet LIMA, Peru, May 2 (Reuters) - With surging metal prices, new mining projects and technology to showcase, Peru hopes a gold convention this week will lift investor confidence in the Andean nation, even though two presidential candidates aim to raise taxes on miners' profits. Engineers, mining executives and consultants from Canada to China at the three-day symposium in Lima will discuss how to unearth Latin America's huge mineral wealth. The industry is seeking ways to take advantage of gold prices at 25-year highs while keeping soaring energy costs from eating into profits. Gold prices have soared to 25-year highs, with investors moving into bullion as a safe haven amid worries about global inflation, the war in Iraq, Iran's nuclear program and high oil prices. But that has not translated into surging share prices for the likes of Denver-based Newmont Mining and Canada's Barrick Gold . Conference organizers are touting Peru, the world's No. 5 gold producing nation, as the ideal place to invest for gold despite concerns about presidential politics. "We want to tell the world that Peru is open to gold mining, it is open to investment. The legal framework is in place and gold discoveries await," said Veronica Marsano, head of the gold committee at Peru's private National Society of Mining, Petroleum and Energy, which is organizing the event. A May or June runoff for president will almost certainly see ex-army populist Ollanta Humala face former leftist President Alan Garcia. Both candidates say they are considering a windfall tax on "excessive" mining profits if elected. Both say big companies benefiting from Peru's finite natural resources should give more back to the country. ADVERTISEMENT Mining drives the economy and accounts for 55 percent of total exports, which reached a record $17 billion in 2005. Roque Benavides, chief executive of Peru's top precious metals miner Buenaventura , says gold miners "have nothing to fear about investing in Peru," because any incoming government will realize how crucial mining is to Peru's $75 billion economy. "What a candidate says on campaign is very different to what he will do in office," said Benavides. MEXICO, CHILE A BETTER BET? Humala aims to levy royalties on all mining companies regardless of whether they have contracts that lock in tax rates for years. This would subject Newmont to a royalty. The former army commander also says the state should have a controlling share in mines such as Yanacocha, Latin America's largest gold mine, which Newmont and Buenaventura own. "This is just the sort of thing a miner doesn't want to hear and will make a company take its money elsewhere, to Chile, Argentina or to Mexico," said the head of a Canadian junior miner exploring in Peru who declined to be named. Peru cannot afford to lose investment at a time when its gold production has peaked in the short term and is forecast to fall in 2006 and 2007. Peru produced a record 207.8 metric tonnes of bullion in 2005, a 20 percent leap on 2004. Yanacocha in northern Peru is forecast to produce up to 2.6 million ounces in 2006 and up to 2.5 million ounces in 2007, down from last year's 3.3 million-ounce level. Barrick's Pierina gold mine in Peru is due to run out of ore by 2009. For now, Peru still has the pulling power that made it a major gold producer in little more than a decade. This year's symposium boasts 130 stands displaying the latest mining machinery, up from around 80 stands in 2004. "We were heavily oversubscribed for stands and we had to turn people away because of a lack of space," said Marsano. asia.news.yahoo.com