Re: Sunday Evening Observations/MJ
in response to
by
posted on
Oct 21, 2007 09:18PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
"We have a perception that, in spite of periodic lulls in the market, there will be a long term need for the metals we mine and therefore there is greater stability in investing in these stocks as a hedge. Many predict a bull run for some time to come minor corrections notwithstanding, but still .... it is certainly judicious to keep the eyes open for the unexpected.Well put Sum4all... "it is judicious to keep the eyes open for the unexpected."
That says it all to me. I have heard also that this is the beginning of a 15 year bull run for the commodities, particularly the mining sector. As MJ says..a meltdown in the market will likely affect everything. I'm not hearing that..in fact I've heard that things have leveled off and become more stable (still not stable enough). Not a doomsday story in my eyes. If anything..if there is a market correction we are definately in the sector that will likely survive the best.
Good post..