Re: NOT vs. Market Conditions and J.F. Tardif - DC
posted on
Nov 11, 2007 09:55PM
100% right on the mark in my opinion. Spring Thaw while the drills take a break.
As for the Broader World Stage, the Minerals will be up steady as every one and their dog look for something physical to convert their electrons and paper into tangibles. In the mean time Gold may have one wild ride up and down as Gold Bugs battle with Central Banks for the hearts and minds of the average investor.
Historically this is likely going to be a good Bull Run for Commodities, and Metals in particular. It's been something like this a few times before in the past 130 years and even before that. No big cycle is ever repeated exactly but the general nature of the cycles are similar.
Noront shareholders are essentially in a Sweet Spot for this part of these big cycles. Turbulence, but with good and currently much desired tangibles firmly in hand. Hold very tight and enjoy the action with safety and security.
Old Joe