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Re: AUMN Provides Update of 1st Quarter Prod. & Full Year Guidance
Argentina recently nationalized some of the oil business. I would expect Argentina to be one of the nations to nationalize the PM mines. Maybe AUMN is being valued on only the Mexico holdings.
Brazil effectively nationalized 1/2 of PetroBrazil. I lost a bundle on that. I have reduced my South America holdings after the Brazil lesson.