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Gold/Mining/Energy : Western Copper Holdings Ltd. T.WTC -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (376)9/16/1998 9:00:00 PM
From: Famularo  Respond to of 401
 
Teevee, I was slightly off. My charts pointed me to a temporary profit taking above $2.75. Well, it hit $2.70 on Monday and down today to a close of $2.15. It will try and break $2.00 tomorrow and rally up and test $2.70 within the next few weeks. People should invest what they can afford to lose when they play speculative stocks. It is a tough market out there but lots of opportunities.
Thks for your input!

regards
Frank



To: teevee who wrote (376)9/28/1998 4:08:00 PM
From: jack marshall  Read Replies (1) | Respond to of 401
 
If I'm not mistaken, Antimina will come in a lot less than $2.2B US. If the capital cost is only $1.2B say, they then owe the government 25% of the difference between it and 2.2 or 2.5B. This probably puts the capital at around $1.5B.

Noranda wants this to fly since they see the writing on the wall for Kidd Creek, Heathe Steele and Brunswick. I'm not sure what Teck's and Rio Algom's angle is on this one except that they want to be bigger players and Rio's Crandon property is a joke thanks to the greens.