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Politics : Stockman Scott's Political Debate Porch
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To: T L Comiskey who wrote (19776)6/2/2003 12:44:05 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
most Canadian miners dont have mines in Canada
the author doesnt give proper due to the investment demand theme
in 1990's USA, we had rising local costs and rising stocks
it just means Canadian stocks will rise
but so will their trade imbalance and domestic debts
I expect mineral and resource exports will more than make up for rising internal costs

just another scare tactic against miners
and who gives a shit about Barrick and Placer?
they both suck, and are nowhere near leaders
their mines are in Canada mostly perhaps, but that could be because their companies are run stupidly

Barrick is toast

and besides...
we might see production of gold curtailed,
which will exacerbate supply and lead to rising gold prices even more
/ jim
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