Jim Sinclair's site today has three things worth noting at present.
The last two should perhaps be passed on to Dave Webb (copy and paste email).
Mr. Sinclair knows whereof he speaks; I'll just leave it at that.
1. Thoughts The Day
Posted: Oct 21 2009 By: Jim Sinclair Post Edited: October 21, 2009 at 6:02 pm
Filed under: General Editorial
2. The Shift Between Gold Share Categories
Posted: Oct 19 2009 By: Jim Sinclair
Posted: Oct 21 2009 By: Jim Sinclair Post Edited: October 21, 2009 at 5:41 pm
Filed under: General Editorial
Since Tyhee will, before too much longer, be looking for financing to build a mill they do NOT want to get caught up in a derivative contact (often built into the financing contract) where they can be obligated to forward sell the gold they produce to secure the contract. The financers then wreck the share price to ensure this happens. Apparently, this language is often built into the financing contract in such a way that it is often glossed over by those seeking the funds. At least that is what I have gleaned from many things he has written.
P.