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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (7033)	2/8/2009 8:23:22 AM
From: Anchan	Read Replies (1) \| Respond to of 23098

I had to look up the chart for Orvana Minerals (ORV.TO), an unknown to me: In 1996, its share price was $10. In 2001, it was down to $0.07. In 2003, it was up again at $1.65. Since 2006, ORV has been drifting down ever so slowly. From its last rise to $1.10 in October 2007, there is a clean, straight trend line down, to an October 2008 bottom of $0.35. That trendline was finally broken, to the upside, some 6 weeks ago. Time to buy? Is ORV good-good? Bad-bad? Good-bad? Bad-good? P.S. I'd better look at the funnymentals, first.

To: onepath who wrote (7033)	2/8/2009 12:00:47 PM
From: tyc:>	Read Replies (1) \| Respond to of 23098

Onepath: FWIW:(just talking !) I'm feeling bullish on NGD.wt.A.. I believe it was justifiable fear of what might happen to copper prices that sent both NGD and TRX (and copper itself) down. If copper resumes its slide, all bets are off. Here's my speculation if copper starts to move up: I sold NGD and NGD.wt.A to buy TRX, last April and I've been buying TRX since. It's cold comfort that TRX has indeed outperformed NGD and the warrants since then (NGD is more exposed to copper in New Afton). But what happened on the downside will be reversed on the upside.... even though TRX will do well, I look for NGD.wt. A to do even better. We shall see !