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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: jackjc who wrote (23067)10/19/2006 3:14:40 PM
From: marcos  Read Replies (1) of 78417
 
cuu.v/mmgg - for sure, cuu is more iffy in the short run, that's partly why i hold them in about one-to-three ratio ... long run though it seems inevitable that Schaft Creek will be mined, there's not all that much copper on the planet and it's vital to modern life ... things could go wrong in the meantime - if Cu prices crashed, or if major enviro objections were raised, cuu could have a hard time financing enough to complete their option ... but you pays yer nickel and takes yer chances, there's a big upside as reward if/when things go even half-right

On infrastructure - old Wackie Bennett would have run a railroad and power line in there and said alright boys, mine er now ... the son too, spent megabucks on Tumbler Ridge just prior to twenty years of extremely low coal prices, what the taxpayers got was mostly a big hole in the ground, so they're a bit more leery now, lol .... every factor in the whole equation is always subject to change, except those billions of tonnes of half of one per cent copper are pretty much fixed in stone
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