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


To: marcos who wrote (58764)4/19/2008 10:46:22 AM
From: que seria  Respond to of 78416
 
Not so fortunate here, marcos, with indecision on trigger pull.

can't believe i was thinking of picking up a little dmm and aru this morning, they were around 5.15 and 6.15 when i saw them, about 0930 pacific, didn't believe they'd actually pass that mandato as is, and kicked myself for not putting in an order.

I added 50% to my ARU position just above 6, believing the mandate would pass but there would be explanations of its rationale and disavowals of expropriation along with it. Instead we get the mailed fist when they could have assuaged much of the concern they've now created about their real motivation (Bolivarian Socialism).

They can still do damage-control, with Correa leading, but they would have to act fast. If they do it after a week or a month, they were either clueless about the market and trust, or entirely clued in about profit from operating on the market. Still think it is the former.