More about the Russian crisis

WHEN the Moscow stock market opens tomorrow morning it will not just be traders who will watch nervously to see what President Vladimir Putin’s next move will be in what, in the space of a week, has become a fully fledged political crisis. ...

The Russian crisis may be an opportunity. Government made an arrest of a oil magnate alleging tax fraud (very likely, it was politically motivated) and threatened the Yukos oil company. Russian press is accusing the government of "stalinism". This, after a month of Russian stocks declines, may make a lot of folks give up and sell.

I remember that during the Argentina crisis TEOBF.PK was sold at less than $0.4 (now it is $1.45) and after the Indonesia bombing TLK was sold at less than $5.62 (now it is $14.20).

VIP $65.10 on 10/31/2003	TNT $20.90 on 10/31/2003
ROS $11.40 on 10/31/2003	MBT $77.49 on 10/31/2003
YUKOY.PK $46.75 on 10/31/2003	WBD $18.92 on 10/31/2003
LUKOY.PK $82.25	VLGAY.PK $4.65
UVYZY.PK $5.75	USERY.PK $25.25
SGTZY.PK $24.25	SBKYY.PK $20.75
OGZPF.PK $23.75	NILSY.PK $51.00
GUMRY.PK $3.62

But keep in mind this would be a risky play!

Thom Calandra's report is bullish on IVAN/IVHMF.PK (gas and gold), ITRA (software), CRESY (Argentina commodities), talks about the Canada to China connection and says that the Tien Shan minerals belt may become next Klondike.

As per Calandra: "China's rising need for raw materials such as iron ore, alumina, copper, platinum, zinc and gold is leading some economists and miners to fear commodity prices will surge in coming years because of a lack of supply and because of poor or expensive shipping routes via sea to China. ... China's trade with Canada in this year's first eight months was $5.2 billion, up 6.7 percent from the same span a year ago. Jiabao said confidently that the two nations intend to double that amount by 2010. ... A growing number of Canadian mining companies ... are staking claims to mineralized tracts of China, Inner Mongolia and Mongolia in what appears to be a successful search for copper and gold. If some of their assays prove to be as successful as the enormous copper and gold discovery staked out by Canada's Ivanhoe Mines in Mongolia's Gobi Desert, several Canadian miners will have the instant advantage of being connected to China by rail and highway."

IVAN $3.83 on 10/24/2003

ITRA $2.29 on 10/24/2003

CRESY $12.89 on 10/24/2003

Russian stock exchange is down BIG today.
You can choose your "blood in the streets" play from the Russian ADRs below:

Company Name	Ticker	Sector
AEROFLOT - RUSSIAN INTERNATIONAL AIRLINES	AERZF	AIRLINES
AKRIKHIN PHARMACEUTICALS	AKPOF	PHARMACEUTICALS
AKRIKHIN PHARMACEUTICALS	AKPUF	PHARMACEUTICALS
AKRIKHIN PHARMACEUTICALS	AKPUY	PHARMACEUTICALS
AKRIKHIN PHARMACEUTICALS	AKPZF	PHARMACEUTICALS
KAZAN ORGSINTEZ	AKZGY	CHEMICALS
MOSENERGO	AOMOY	ELECTRIC UTILITY
PRIMORSKOE SEA SHIPPING	APKSY	TRANSPORTATION
AVTOVAZ	AVTZF	AUTO MANUFACTURERS
BASHINFORMSVYAZ	BHFZY	TELECOMMUNICATIONS
BANK VOZROZHDENIYE	BKVZY	BANKS
BURYATZOLOTO JSC	BYZJY	MINING
CENTRAL TELECOMMUNICATION CO	CRMUY	TELECOMMUNICATIONS
FAR EAST ELECTROSVYAZ CO	FEEOY	TELECOMMUNICATIONS
TRADE HOUSE GUM	GUMRY	RETAIL SERVICES
INKOMBANK	IKMBY	BANKS
IRKUTSKENERGO	IKSGY	ELECTRIC UTILITY
KUZBASSENERGO	KZBGY	ELECTRIC UTILITY
KAZAN TELEPHONE	KZCTY	TELECOMMUNICATIONS
LENENERGO	LNGOY	ELECTRIC UTILITY
LUKOIL	LUKBY	OIL & GAS
LUKOIL	LUKFY	OIL & GAS
LUKOIL	LUKOY	OIL & GAS
LUKOIL	LUKRF	OIL & GAS
MOBILE TELESYSTEMS	MBT	TELECOMMUNICATIONS
MOSCOW CITY TELEPHONE	MWCTY	TELECOMMUNICATIONS
MMC NORILSK NICKEL	NILSY	MINING
NORTH-WEST TELECOM	NWTEY	TELECOMMUNICATIONS
NIZHNEKAMSKSHINA	NZKMY	AUTO PARTS & EQUIPMENT
OAO GAZPROM	OGZIF	GAS PRODUCTION & SERVICES
OAO GAZPROM	OGZPF	GAS PRODUCTION & SERVICES
OAO GAZPROM	OGZRY	GAS PRODUCTION & SERVICES
NIZHNEKAMSKNEFTEKHIM	ONKMY	CHEMICALS
ROSNEFTEGAZSTROY	RNGZY	OIL & GAS
ROSTELECOM	ROS	TELECOMMUNICATIONS
ROSTOVENERGO	RTVGY	ELECTRIC UTILITY
ROSTOVENERGO	RTVPY	ELECTRIC UTILITY
SIBNEFT	SBKYY	OIL & GAS
SIBIRTELECOM	SBTLY	TELECOMMUNICATIONS
SURGUTNEFTEGAZ	SGTPY	OIL & GAS
SURGUTNEFTEGAZ	SGTZY	OIL & GAS
SUN INTERBREW LTD	SIBHF	BEVERAGES
SUN INTERBREW LTD	SIBWY	BEVERAGES
SAMARAENERGO	SMRGY	ELECTRIC UTILITY
SEVERSKY TUBE WORKS	STBWY	METAL FABRICATION
SOUTHERN TELECOMMUNICATION CO	STJSY	TELECOMMUNICATIONS
SLAVNEFT-MEGIONNEFTEGAZ	SVMXF	OIL & GAS
SLAVNEFT-MEGIONNEFTEGAZ	SVMZF	OIL & GAS
TZUM TRADING HOUSE	TDHSY	RETAIL SERVICES
TATNEFT	TNT	OIL & GAS
UTAIR AVIATION	UAIRY	AIRLINES
UNITED HEAVY MACHINERY URALMASH-IZHORA GROUP	UHMUY	ENGINEERING & CONSTRUCTION
UNITED HEAVY MACHINERY URALMASH-IZHORA GROUP	UHMVY	ENGINEERING & CONSTRUCTION
UNIFIED ENERGY SYSTEM	USEPY	ELECTRIC UTILITY
UNIFIED ENERGY SYSTEM	USERY	ELECTRIC UTILITY
UNIFIED ENERGY SYSTEM	USEUF	ELECTRIC UTILITY
URALSVYAZINFORM	UVYPY	TELECOMMUNICATIONS
URALSVYAZINFORM	UVYZY	TELECOMMUNICATIONS
VIMPEL-COMMUNICATIONS	VIP	TELECOMMUNICATIONS
VOLGATELECOM	VLGAY	TELECOMMUNICATIONS
WIMM-BILL-DANN FOODS OJSC	WBD	FOOD PRODUCTS & SERVICES
YUKOS	YUKOY	OIL & GAS