Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: We seem too giddy

We seem too giddy

posted on Dec 04, 2009 11:41AM

I keep buying this stock Bubble alarm bells keep rattling my brain

I keep looking for land mines but for the life of me, this seems one of the surest bets I have ever had the opportunity to make

I keep going over the facts as I see them:

- so many heavy hitters have signed on - the chance the Chinese are coming on board is huge

- the apparent lack of debt

- the rosey picture of the commodity futures

- Uranium may be the big hidden treasure trove - Uraniumis poised for a big breakout

- geographical proximity to China and India (whose economies and appetites seem to be burgeoning) - pretty far afield from those pesky pirates

Our discussion group is so wired and involved what are your ideas pro/con?

What is our worst case scenario?

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