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To: Orangedog
I think an investment in SA miners or companies owning mines there is OK if you've got a feel for how the company interacts with the locals. It was one of my motivations for picking up some MYNG.OB, the locals are really tight with them and they've begun producing.

I like CDE, I have an affinity for them and Hecla because I used to live up in Idaho. Of course, making a boat load of profit off them helps. I haven't gotten back into CDE since I got shaken out at $4.66 (probably should). I should have realized that the latest round of instrument issuance is probably an aquisition warchest. If I correctly recall, they had about a 7 or 9 year reserve life. While they probably will prove more on existing terrain, they would score a coup if they could get something like that 200m oz Mines Management property over in Montana.

13 posted on 02/05/2004 7:00:21 PM PST by Axenolith (Not only is silver a good investment, you can kill werewolves with it too!)
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To: Axenolith
I missed out on the whole Mines Management score back when it was in the pennies. Their story is compelling, to say the least.
17 posted on 02/05/2004 7:20:33 PM PST by Orangedog (An optimist is someone who tells you to 'cheer up' when things are going his way)
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