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

To: maxncompany who wrote (59002)	4/22/2008 7:41:16 PM
From: E. Charters	Read Replies (1) \| Respond to of 78421

There are 40 oil companies, maybe 8 or 9 iron or companies, a few copper companies, and yes, some gold companies, domestic even, that are up. Take a look at ER. If you want a story that might turn around, take a look at GZZ. If you want a long shot deal that might make it big and NOT get nationalized (Quebec is dicey but usually not that dicey) take a look at JNX. If you want a revenue producer for your old age take a look at KCL. It's all there and not far from home. At least we can calculate with a very sharp pencil the chances of getting nationalized in Canada. Not that it hasn't happened. Depressingly there is more than one incidence of that. It (nationalization/confiscation) almost happened at Voisey Bay. It has happened in Oil, (Petro Canada, Potash, Uranium in SK. copper in BC), and confiscation has happened more than once. 'Lands for life' in Ontario is a form of confiscation, Native land agreements another, native consultation another, just like Ecuador, excessive regs and arbitrary permitting another ever expanding parks yet another. We are far from perfect. I think the phase of NDP government is and liberal confiscation is over for now in this country. It is just getting going in Latin America, Africa and Asia. You can't trust governments anywhere, but here at least we know the political climate a bit better. There are five provinces in Canada that are relatively safe. New Brunswick, Nova Scotia, Ontario, Quebec and Manitoba. Maybe Labrador. Nunavut and NWT a bit dicey but so far so good. In the states, Nevada, Arizona, Utah, Maine, Colorado are ok. The others are on a case by case basis. They have been difficult in the past. It all depends. Overseas right now I don't mind Chile, Peru to an extent although it has caveats, Guyana, Suriname, the Caribbean, Mexico, Ghana, Krygizstan, Norway, Sweden, Spain. I don't know about the eastern European countries. A lot of red tape and a lot of local opposition, green groups. Soviet Union is tied up in red tape, taxes, and big deals always get challenged in courts and taken away. Right now around the world there is more political uncertainly than there ever has been in history. Governments are more dicey to deal with than they ever have been. The reason is simple. They don't have politically stable social structure and money has never been better for the grabbing once production begins. Few people listen to my recos on this thread, as I am not threadmeister numero uno. I don't have any reasons for them as to why they should hold their EPM. Other than the fact that it is copper, I don't have any. I have never liked CKG as it has only investor hot air holding it up. Other than that it is speculative. Maybe management did find Francisco gold but so far they have struck out more times than Babe Ruth. Good luck is all I have said to the people in it. If I had the believing boy scouts in my stocks that CKG did, I would be 6 bucks a share too. And probably have as many properties that are "likely" to become mines. (I won't tell you how much money is needed to develop a 0.87 gram gold mine, or what zinc does to a gold mine circuit. Even with SXEW pre-extraction, which will incur liming costs.. I will let you find out. And it will take three years before you know. ) The only difference being is that I have actually worked at a few mines. Nobody who works at CKG or invests in it ever has. It is a matter of choices. I don't have ready answer as to how to take a sick portfolio and turn it into a healthy one overnight, but the trend being your friend, it is better to take down and put it into up than gamble down will turn around. It may, but in some shaky areas, like LA and Africa it's "anybody's" guess as to when. EC<:-}