Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jimsioi who wrote (15154)	7/31/2003 6:45:43 AM
From: TheBusDriver	Read Replies (3) of 39344

<< the deposit is not economic, especially in Mongolia>> go back and listen to the presentation given by Friedland. I think the vast majority will be economic, ESPECIALLY in Mongolia. It WILL be cheap to mine, low labor costs, etc. China is gagging for this ore, there is talk that China and Mongolia will put in the railway line to get the ore to the smelters, or help pay for it, they want the mine BADLY. Don't be fooled by Liz when she shoots from the hip like this, she was on the wrong side of BAY as well. Claimed they had no water to make a mine and would not get any, etc. Would not be surprised if she is short here. She likes to play the short side so also sees the dark side.<g> Liz is sharp, no doubt, but her comments are unfounded and inflammatory. Relax. IVN looks set to gap up this AM so far<g> Wayne

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