HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: Some considerations of our position.

Hi K,

I agree with you too.... to an extent. I think that the "go way in May" will not transpire this year in the same way that it did in others. The market is on the move and people want to be moving with it. I still believe that further on down the road as the sabre rattling solutions that have been profered fail to deliver and the earnings of the average individual remain compromised due to job loss or cuts and the debt load cuts deeply into the economical immune system , the market will be subdued under the mess and we'll see the response in the sp's along with a move out of some sectors into gold. I think where we may differ is in the degree of what transpires. Will China require enough commodities at that point to create safety in being in commodities, or will China also be languishing a year from now? Will there be enough happening in China to sustain it internally or will they need to export to countries that can't afford to buy their products? It's a Rubic's Cube of the economy to say the least. Who can say what factor may come out of left field to change things one way or another......war or pandemics for instance, to say nothing of strictly economic factors.

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