TSXV:FCO.H - Post by User
Post by
schilajewon Aug 31, 2003 4:32pm
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Post# 6369627
While waiting for developments
While waiting for developments Noted this past two weeks on various market reports the expectation of gold and silver to increase in value. Reasons vary with the most reasonable Bill Fleckenstien,the contrarion pundent, pointing out the next month financial indicators will not be as expected,again for various reasons, and this will lead to gradual to increased flight to safety. He among others also indicated that the largest increase would be in silver. Now if an outside factor were to "hit" then the flight to safety would be quite dramatic. Also,the increase in gasoline per gallon with the expectation of increased natural gas cost has left the consumer with phycological hesitation,what ever that means. Also while we wait look at WXI on TSE, quite interesting.
Also,to reply to earlier comment, there is less ownership,now in the hands of a "few" and we essentially even 6 figure stock holders are in essence leasing our stock. But hold your hats for the next announcement.