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

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To: Cogito Ergo Sum who wrote (31867)2/5/2007 2:47:16 AM
From: PaulRLess  Read Replies (1) of 78426
 
I was in China for 5 weeks in 2003. We were fortunate to have a friend from Winnipeg who had been working there for 6 years, married a Chinese woman & loved the country. We never went north of Shanghai which was very polluted from coal burning often a haze that left visibility about 1/2 a mile. We mostly went south along the coast to Hong Kong & then back. We were able to stay with Tracy's family (our friends wife) everywhere we went & were able to get a real feel for the life of the people.

They are very entrepreneurial. Those in the country are usually extremely poor. Most at that time felt very optomistic as the changes pointed out to us were mind boggling. When they do something the pace and amount is incredible ( eg. a 100 mile 4 lane concrete highway constructed in 12 weeks including overpasses & landscaping).

The central government does not have a huge amount of control at the local level. The local officials tend to be very corrupt & will approve anything that makes them money. Often something that is the opposite of central government policy.

Definately a facinating & very friendly people. The scale of development dwarfs anything I could have imagined without seeing it. With India also growing rapidly I cann't see how a base metal boom can nnot happen.
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