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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (106499)2/24/2008 9:07:18 PM
From: mimur  Read Replies (3) | Respond to of 312893
 
more Barrick bashing .........slippery is an understatement....bush sr. and mulroney still on international advisory board.......they were in Indonesia during the Busang / bre-x thing....when they thought the deposit was legit, they were poking their hands everywhere...stirring up the govt....questioning title....pushing at highest levels in jakarta ....10 yrs later......one would have to guess that they are running the same playbook in Ecuador with the ARU fdn discovery,stirring the pot, trying to devalue the asset........governments come and go quickly in that country.....but that ore body is not moving anywhere.....it is a 10mm oz/au in situ asset that many companies would like to add on their balance sheet........that being said ....i am long some in the money calls