Re: Glencore in the area
in response to
by
posted on
Mar 01, 2012 01:55PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
To be honest, I had to laugh when I saw that release this morning. A big fish biting at plankton is what it looks like, LOL. But, I believe it well documents my arguments over the last year, that it doesn,t really matter how much you have proven up or where you are at. At these times, when easy metal deposits are becoming harder to find, the majors are taking unprecedented steps in trying to secure their futures. It is also my belief, that with todays technology, that less of the historical methods of proof are required. A good example of this is, when you see majors lately starting to pay for speculative ounces. If majors are paying for speculation, then wouldn,t it be reasonable to expect it to be reflected in the sp,s of some of these companies that may be targets, at a much earlier stage?
IMO