SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharp_End_Of_Drill who wrote (15518)12/5/2002 3:12:03 PM
From: Cogito Ergo Sum   of 206342
 
Hi Sharp,
I should have been clearer sb inability to grow reserves / depletion rather than 'Growing reserves / depletion'.
I'm looking from the Long Term holding of a trust point of view here where they would pay more dearly for reserves. Granted that would be offset by higher prices but I remember some of the CanRoys overpaid for reserves in their zeal to add (PWI comes to mind) during the last NG bubble.

I was admittedly not even thinking of the bullish scenario for prices, more along Tommaso's example of the disappearing trusts.

Thanks
Kastel
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News