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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: greek cabinet approves bailout
1
Feb 10, 2012 05:35PM

About time....in all honesty they should have gotten on this a few years back. The US got on the right track pretty quick.

Hopefully we'll see a nice rally in the markets next week, Asia has some stronger numbers, commodities are going the right way, durable goods orders are increasing. I think the market is stronger than a lot of people give it credit for right now.

Greece is in a bad spot and it sucks to be in Greece right now, but you cant tell me their politicians and bankers et al didnt see this coming. A retirement at 52? A pension plan with more people taking out then paying in? Massive social programs?

Greece lived pretty large for a bit but its time to settle the bills, its unfortunate this debacle has hurt the entire Eurozone and caused such havoc in the markets the last 7 months but its good to see its getting its act together anyways.

Lets hope this is the turning point for a nice bull market with metals and mining as the king.

Rogue,

2
MES
Feb 10, 2012 06:52PM
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