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Gold/Mining/Energy : Precious and Base Metal Investing
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To: loantech who wrote (2639)3/21/2002 12:17:03 PM
From: tyc:>  Read Replies (2) of 39344
 
I think that was a very interesting observation , loantech, but it doesn't just apply to RIC. "5years to do a feasibility study, get financing and to build a mine" and then probably another 5 years just to recover the money that they put into it .... only then do they really see "benefits". As I see it, that applies to ALL mining. That's why I believe in buying producers with adequate reserves.
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