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Message: Jim Rogers is Wrong to say, No Mine Will Be Built In the Next 15 Years Because.

Jim Rogers is Wrong to say, No Mine Will Be Built In the Next 15 Years Because Banks Won't Lend them money especially when, as Dave Webb has pointed out, there's the construction of the Meadowbank Mine, Osisko's Malartic Project, Apollo Gold's Black Fox Mine, Detour Gold Mines, Richhmont Gold's Island Gold Mine ( all of which have recently raised money or are about to close on their project's financing).

There are also many companies with Feasibility Studies near completion or just completed that he has no doubt will be financed. Dr. Webb also said that what is mentioned here is just a few of many more similar examples.

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Mar 09, 2009 06:08PM
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