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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?

To: refugee investor who wrote (600)	8/21/2010 11:54:50 AM
From: refugee investor	Read Replies (1) \| Respond to of 1366

Hey, did you decide that Bruce has 50% in financials? Just looked at his 13f again and it is very close--I got about 5.8 billion, not counting LUK or BRK as financials. You won't believe it, but I am thinking about trading out of WTM, some or maybe all, and would have no problem putting a 5% position in AIG or a 10% one in BAC--or a 10% in BUD-- or doing nothing at all. (WTM is trading at what it was in '99, when I bought it. :( A couple of years ago I bought some more at $500 when management started to repurchase shares at the same price:( :(.. then doubled down last year at $200 luckily so now I could get out of jail free. Funny thing is, I first noticed Bruce about '99 in an interview where he mentioned WTM and investing with them. In hindsight I should have bought Fairholme and dumped WTM then.. At the last AGM the WTM boss said that Bruce had resigned suddenly from the board because he owned a co. that was in competition with them--AIG I suppose--and thanked him but also groused a lot abut what a difficult, tough board member he had been. SInce Bruce also sold all his WTM, maybe he thinks they aren't as sharp as they were. ) Of course WTM at 75% of book and p/e of 12 is cheap, and pretty solid, so anything new would have to look even better.

To: refugee investor who wrote (600)	8/24/2010 10:50:05 AM
From: refugee investor	Respond to of 1366

Just realised you posted about Atek and not Italian--sorry, would not have droned on about Tilson and my own holdings had I realised before. Tried unsuccessfully to post a drill-tracker chart here which shows the relative length and richness of Red Chris vs copper finds world wide. The x axis shows length of drill hole, the y axis the dollar value. RC's results are up in the right field, seem to be longer and richer than most everyone. If I am interpreting the graph correctly, it indicates that RC is big and rich, more than that RC is unusually deep and rich. I can email this stuff, or you can get it yourselves by contacting IR and ask to be put on the distribution list for analyst reports.