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Gold/Mining/Energy : Precious and Base Metal Investing
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To: orkrious who wrote (12804)6/19/2003 9:23:56 PM
From: que seria  Read Replies (2) of 39344
 
That makes the odds about right after adding some time value
of money--say, 10-1? I mean, we're talking Montana, where Californians go when Lotusland is too commercial and not Green enough for them. I envision residents thinking they derive scant benefit from a gold mine and wanting to "just say no" to the environmental blot they think it would be (history on their side here). I envision courts agreeing.

I'd sooner buy an explorer with only offshore Fla. or Cal. oil & gas leases than bet on a judicial resurrection of a mine over the voice of the Cal. or Mont. populace. At least we need natural gas. Gold is optional, and from the government's standpoint, best left in the ground. The gamble is no worse than I regularly undertake with the juniors I buy, but my research is more fun when I'm betting on geologists than judges.

--No offense meant to you, Ork; thanks for putting that out to consider.
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