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Gold/Mining/Energy : ARU.V Aurelian Resources Inc -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (50)	10/12/2006 11:18:32 PM
From: sageyrain	Respond to of 516

stockhouse.com; A post from SH that I found helpful: Independent traders, however, ought to understand that the risks of trading assets in Venezuela are not too different than trading shares of Fannie Mae and Freddie Mac. There is a risk in everything. It’s just that there is a very high risk premium attached to foreign situations because of U.S. politics. As I see it, however, the difference between perception and reality is the place that traders make most money. So, I am not scared off by the current politics involving Venezuela and the U.S. But I understand, and accept, that many of you are. As I wrote earlier today, I expect that should Ecuador’s Correa win the first round of their national election, he will be joined by Venezuela’s Chavez in more bad-mouthing of the U.S., and this will knock down the share price of Crystallex even more. To me, that’s the time to buy more. Capital markets are full of surprises, but if you think it through you will likely come to the conclusion I did many years ago, which is that storytellers have set up the audience for surprise. Like a detective story or a Hitchcock thriller, it’s up to the audience to figure out what’s really happening, and to play the game. I think you’ll find that the risks are not as much as you perceive and the rewards are much greater. To play the game, just understand that the players with the biggest stakes have the best info, but they have to move those big positions in and out of markets, hopefully without us watching. Volume usually is an indicator. Sometimes the securities rules and regulations, such as the disclosures related to private placements, cover up the big moves. That’s why you and I need to talk. The more we do, the more we learn, and the more able we are to manage our risk. Opportunities are a dime a dozen; risk management, however, is the bottom line to portfolio success.

To: LoneClone who wrote (50)	10/16/2006 12:54:05 AM
From: calgarylady	Respond to of 516

Run-off likely in Ecuador election Monday 16 October 2006, 5:28 Makka Time, 2:28 GMT Correa's policies are similar to those of Hugo Chavez Related: Ecuador votes for political stability A banana tycoon and an ally of the Venezuelan president appeared to be heading toward a November run-off after preliminary results indicated that neither candidate had won the votes needed for victory in Ecuador's presidential election on Sunday. Rafael Correa, a former finance minister who has rattled investors with talk of debt default, had led the electoral race, but Alvaro Noboa gained momentum in the final weeks of campaigning with his populist, free-market platform. Noboa won about 27 per cent of votes while Correa won about 22 per cent, according to partial official results. If no candidate wins more than 50 per cent of votes or 40 per cent of votes with a 10 percentage point advantage, a run-off between the two contenders will be held on November 26. After three presidents were ousted in the last ten years, many Ecuadoreans see their political class as inept and corrupt. More than half of the population of 13 million live in poverty, many of them in rural indigenous communities. Banana exporter An economic crisis in 1999 forced the world's number one banana exporter to default on its foreign debt and assume the dollar as its currency. Last year, unrest forced Lucio Gutierrez, the then-president, from office charged with abusing his authority. Although little known until earlier this year, Correa, has soared in the polls as Ecuadoreans, fed up with the traditional political class, were impressed by his anti-establishment message and promises to sweep away the political old guard. His association with Hugo Chavez, the Venezuelan president, and his promises to disband the discredited Congress and restructure Ecuador's sovereign bonds have sent ripples through Wall Street and Washington, which is locked in an ideological standoff with the Venezuelan leader. "Citizen's revolution" Voters are also electing a new 100-member Congress and hundreds of local government posts. Correa has promised a vote to rewrite the constitution and curb old parties with a "citizen's revolution". He opposes a US free trade deal and wants to stop the US military operating in Ecuador. Noboa lured voters with promises of jobs and housing for the poor during a populist campaign in which he handed out wheelchairs, medicine and even cash. He played successfully on fears that Correa could roll back economic liberties. A second round between the two candidates could be close. Noboa may draw on support from traditional parties such as the Social Christians who see Correa as a threat to their influence. But Correa has appealed across the classes. Michael Shifter at the Inter-American Dialogue think tank said: "Both are anti-political candidates taking advantage of the discredited political establishment in Ecuador even if they are on different ends of the political spectrum. "Whoever wins in the second round this is not exactly a recipe for stability."