Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (53956)	10/4/2004 8:37:35 AM
From: Condor	Read Replies (1) of 74559

China....they are buying knowhow, expertise, a foothold and a training ground. I have been reading reference to that idea often in the National Post recently. There appears to be a lot of concern about management (Chinas) motivation (personal political gains vs. economic gains/success), ability ( can they run a Fortune 500 Co.? ) and ability to succeed (doubtful). Basically, do they naively sp?)trash the companies and leave shareholders, employees and pensioners hung out to dry. I can understand the hesitation of the country to embrace a Chinese takeover of important resource industries. I question the probability of good stewardship by western capitalist standards. Is the Resource Show on again today? I gather you are a gold bull of sorts but suspect that you have a more measured affection for the stuff than most gold bugs. Did you learn, hear or see anything at the show that has skewed your thinking on Gold ? BTW...what specific gold opportunities did you see that jumped out at you at the show? Cheers C

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