Hi, Bob.

PE> I see LKO are back to 5.9, can you buy some at that price (or 6c).

Did so. I thought I'd missed it when they opened 6.2 the next morning,
stuck 85,000 in at 5.9 anyway and I think we got them (maybe not all) in
the afternoon.

PE> These are bizaare prices.  Why 5.9 and 7?  Still, if it keeps that up
PE> another 500 times, I'll be living in paradise.

Yes. :-) I wouldn't be surprised if they announced the details of their
split fairly soon. If so I think we'll see a quick spike up to maybe 9+,
then maybe a fall back. I don't think it'll be as high as I once
thought, as physical gold has fallen considerably in the meantime. I'd
suggest getting out as soon as we see that announcement, whenever it is,
and the result price spike. Not because I think the gold company or the
on-going oil operation will be bad, but because I think we'll have seen
the bulk of the premium in the price and we can look at other things.
That's what I'll be doing.

On your approach though, you might want to continue to have an interest
by buying and selling as the price moves around; I think it'll continue
to do that.

Regards, fIM.

 * * Evil won't kill us; liberalism will!
@EOT:

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