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Message: Re: Share value - Gold/ Green Fuel/ China
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Jan 05, 2010 09:40PM

Jan 05, 2010 09:46PM
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Jan 05, 2010 10:25PM

Re: Share value - Gold/ Green Fuel/ China

in response to by
posted on Jan 05, 2010 10:40PM

Silverado Green Fuel in Miss. was indeed unfortunate. A major reason however was that the Fed & State gov'ts did not & would not come up with the necessary funding they promised - all talk & no walk- the politcal oil interests saw to this. However, just look at what China has done with CTLF. Furthermore, consider what they are doing with wanting to raise their gold reserves from 1054 metric tons to 10,000 metric toons over the next 10 yrs. - making the possiblility of a gold backed Yuan possible.

IMHO, if & after we get our gold production under way at the Nolan, increase that production & start making profits, it is conceivable that we could once again consider the Green Fuel part of the equation. If the U.S. isn't interested - and so far all they do is talk - no action - then why not deal with China & help China improve their technology -- for a price of course? I predict that the price of oil & gold will both continue to rise again & then the CTLF debate will be reconsidered again. The U.S. simply does not seem to have any interest in becoming energy independant - so why not help China? Green Fuel can again become alive -- the technology is there!

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