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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (1300)4/11/1999 5:30:00 PM
From: WillP  Read Replies (2) | Respond to of 2006
 
Teevee:

Yeah...I've been watching that. I'm not going to get terribly excited about it yet. There's a bit of difference between a flagging coal industry and the diamond industry. Isn't there? Isn't there! Isn't there???

Well, maybe not to the powers that be. :-(

However...about a month and a bit ago...I asked on Stockwatch if anyone could see the rationale behind the most recent Aber board appointment. Remember? :-)

Maybe it's a bit clearer now.

Diamet showed the way. I'm highly hopeful Aber will pave it. I expect the next one will multi-lane the highway.

But...woe betide the industry if there are insurmountable detours thrown up.

Woe betide.



To: teevee who wrote (1300)4/11/1999 5:32:00 PM
From: Lorne  Respond to of 2006
 
teevee - To call the greatest country on the planet a Banana republic because of the Cheviot decision is grossly out of line. In fact it's decisions like that that make Canada what it is. We could be like China or the former East Bloc countries, but then again who wants to live there?



To: teevee who wrote (1300)4/11/1999 5:43:00 PM
From: Lorne Larson  Read Replies (2) | Respond to of 2006
 
teevee

Don't post here much, and don't agree with your analysis of the Aber/Winspear lawsuit. However you are entirely correct on the banana republic comment. The Inco fiasco in NFLD is another example. The answer for mining companies is quite simple - stay away from Canada. In fact the statistics regarding exploration and development dollars being spent in Canada as opposed to elsewhere are quite startling in this regard. As for myself, I have a few shares in Aber. I have made a solemn oath that once the Aber story plays itself out I will never again invest in a mining company with the bulk of its properties in Canada.

Regards (Different Lorne)