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Gold/Mining/Energy : Franco & Euro Nevada FN , EN -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (361)1/28/1999 4:14:00 PM
From: Traveling Man  Read Replies (2) | Respond to of 658
 
BBOB,

I am convinced that Lassonde has bought these plays because the prices must have been VERY cheap relative to risk. They are convinced the government in Labrador will relent over time because as long as INCO does nothing, Labrador makes no tax revenue and jobs are lost. Eventually,even the most ignorant of governments see the light,i.e. marxist China. Where the hell have the people of Labrador been? Haven't they seen what government interference in market decisions does to wealth since 1917? We have a lot of impirical evidence in this century, it's a loser. It's like they are in academia and not the real world or something.Embarrassing thing is US expatriates started the NewFoundland government!

TM