coach checks in....
I would think that EXMs share of the earnings from theMoris Mine should start to flow soon. The mine has been operational now for acouple of quarters, and any "rainy day fund" that Hocschild was trying toaccumulate must surely be fully topped up by now. IMO this dip in the metalsprices is just that: a dip within a larger bull market. The consensus opinionnow among mainstream analysts is that the commodities have topped and that goldis headed lower. I disagree, and in fact this correction may prove to be a beartrap that has drawn in heavy shorting on the metals which will probably fuel thenext strong rise as those positions are covered on any sign of strength.
cheers!
mike
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I'm just like one of thosealcoholic energy drinks, only without the energy...