I don't know if any of you noticed this, but gold was above $908 in early trading this morning, and in futures. I see that as a sign. It seems like the markets always take a day to react after each bearish day, and gold goes up. It's taking a while, but people are getting tired of the bear market and are slowly moving into gold.
S.A. Well, it's off topic a bit, but look into vanadium, too. Skyrocketing. More on off topic board.
Vision: A bunch of big players have been burned this last year by various international regimes. Plays in stable regimes will be at the forefront, especially in an economic downturn. I see a lot of large cap companies moving back into Canada -not necessarily because the projects are cheaper, but because they need a little more stability in their earnings.
It's one thing Lundin has done right. They may not be the lowest cost producer, but Ireland and Portugal aren't just going to seize their assets.
If things keep going right, I honestly don't see this company taking it to production. I see being bought out. But to be taken seriously, management has to be willing to take it to production.
MR