RE: RE: RE: RE: RE: RE: SVY, ESN, HNL Cash is an investment in cash. Everybody makes quantitative risk choices
each and every day, of their lives. If you sit in cash, your faith is in the
gov't treasury. Not "in God we trust", Mr godfather. With the devaluation
of currencies, and the real inflation rate at 10%, I would rather have my
investments denominated in Canadian dollars that are undervalued assets
than sitting in a bond or cd paying less than 1%.
Today Essential announced a share buyback. Tommorow Precision
announces earnings and should give us a good indicator of Savanna's,
and Calfracs earnings which announce May 6th.