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To: Paul Senior who wrote (31057)5/26/2008 8:59:11 PM
From: Spekulatius  Respond to of 78523
 
re SIL: Paul i bought a starter position this Friday. SIL is a speculation. they balance sheet is terrible, the country they are working in (Bolivia) is a problematic and SIL skill in building and operating a mine is doubtful at best, yet they did about 50M$ in operating earnings last quarter. If (a big if) they muddle through without diluting the existing shareholders too much this could be a 4-5 bagger. The odds are good enough for me to take a small wager but of course a lot of things could go wrong and shareholders could loose all.



To: Paul Senior who wrote (31057)5/26/2008 9:58:16 PM
From: Madharry  Read Replies (1) | Respond to of 78523
 
My opinion is that SIL has a real mine and I like the CEO who made a presentation and whom I met with. If you believe their projections its a great bargain. I am not adding because I have lost my shirt on this one, and I have no understanding of the politics of the country and likelihood of prolonged bloodshed and/ or expropriation. Caveat Emptor on this one.