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


To: E. Charters who wrote (33827)2/23/2007 6:57:10 PM
From: Metacomet  Read Replies (2) | Respond to of 78421
 
It was either sell now or sell and pay higher taxes later. Sell now was the cheaper option according to the accountants.

That doesn't pass the smell test.

Are you saying that in the event RMKL were to double, a conservative short term return, I hope, taxes would exceed the amount of the increase to the shareholders?

If you really have that type of tax regime, I am beginning to understand your disdain for your government.




To: E. Charters who wrote (33827)2/23/2007 9:01:30 PM
From: que seria  Read Replies (3) | Respond to of 78421
 
Eric, Hank and the many others who know base metal markets:

As among nickel, zinc and moly, and considering present tightness of supply, foreseeable oncoming mines, and apparent growing demand for steel hardening/anti-corrosion/finishing alloys, how do you rank those minerals for likely price appreciation and demand for new mines going out 1-5 years?

Assume for this question that world demand at least holds together even if the rate of increase falls.

There are many companies to choose from for these 3 metals. The biggest gains may come from getting the metals allocation right before getting the deposit-holders right. I'm inclined to go with nearer-term potential producers or drilled-tested deposits, given lead time and economic uncertainty, but I'm a speculator and do mostly microcaps in the PM arena.

Thanks in advance!