PDP Chart + Depth Today Ready To Explode On Drilling News

Desperately seeking havens

Tuesday, March 04, 2008

The Abnormal Returns blog does a nice job summarizing the gyrations in the fixed income markets, demonstrating just how desperate investors are to hide from the ravaging effects of rising inflation and slow economic growth.

For starters, investors have grabbed at five-year TIPS (or Treasury Inflation-Protected Securities) with such enthusiasm that the yields have dipped below zero, a level not seen before.

Then there is the yield curve: Sure, it is steepening – but how it is steepening is particularly interesting. Long-term bond yields are falling, but short-term bond yields are in freefall.

And third, fears of an economic slowdown are having a big impact on high-yield debt. According to one measure, high yield bond spreads are wider than they have been since early 2003.

“Safe havens against the perils of stagflation are few and far between,” Abnormal Returns said. “The obvious ones, like TIPS, have already been bid up to seemingly unsustainable levels. No one said this investing business was going to be easy.”

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CRO=$$$$ Small Float , Mine in 2009,Millions lbs Copper +

From The Bullboards:

SUBJECT: YES! i recieved the Northern Miner!			Posted By: laroplex
			Post Time: 3/4/2008 14:57

Ive been in this play now for about 1 year......Always believed in CRO.......As i posted in one of my earlier post when there was absolutely no activity on this board, that how unbelievably undervalued the s/p was(at the time around the .27s/p)i was even started having some doubts about the inner management team.......Boy was i wrong!......We got the Northern Miner in our local paper here in Timmins where Mr.Larche(B.O.D)resides........Great write up on CRO........I even caught up with one of my diamond driller friend about 2 weeks ago, ironically he was going to Kenora to do some work for CRO.......After analyzing the latest finding i am even more confident then the 1st day i bought some of these shares......Everybody in town that knows CRO, started reloading again even at these s/p, including me that have picked it up some s/p at even less than half these levels.......This play is not for the day-traders, they will weed out soon, then my friends in the intermediate term(say 4-6 months)the rewards will be much much greater.

http://www.northernminer.com/issues/search.asp?nbs=t