SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (7480)2/11/1998 5:51:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 116984
 
Breaking news>>Mudslide buries gold mining camp, 50 feared dead
February 11, 1998

LA PAZ, Bolivia A mudslide blamed on El Nino's heavy rains
dumped tons of mud and rocks on a gold mine camp near Bolivia's
border with Peru early Wednesday, killing as many as 50 people,
officials said.

Rescue crews recovered 19 bodies by midafternoon, presidential
press secretary Patricia Balda told The Associated Press.
Twenty-one more miners were missing and feared dead, she said.

But the head of the civil defense agency, Carlos Montero, said the
death toll may reach 50.

The mudslide occurred in the Mocotoro camp in the Tipuani
mountains, about 130 miles northwest of the Bolivian capital, La
Paz.

Balda said heavy rains in recent days in the area were caused by El
Nino, a period warming of water in the Pacific Ocean that has
caused serious damage throughout Latin America this year.

Montero said President Hugo Banzer ordered the military to help
the Red Cross and the Civil Defense in the rescue operations.

"We are afraid that as many as 50 miners may have been killed.



To: Mark Bartlett who wrote (7480)2/11/1998 7:14:00 PM
From: CuriousGeorge  Read Replies (2) | Respond to of 116984
 
Benjamin Graham would roll over in his grave (about) the present P/E ratios...

Today on MoneyRadio (Your Road To Success) one caller was asking about a particular stock and said it seemed like a good buy because it had a low P/E. The host responded that low P/E's are no good ... means nobody wants them; stocks with high P/E's are the stocks to buy and own.

I almost drove off the road.