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Strategies & Market Trends : Ride the Tiger with CD
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To: ogi who wrote (122800)7/10/2008 7:35:26 PM
From: Rocket Red  Read Replies (2) of 313795
 
We’ll call them the “Josef Schachter of the Mining Sector”
and that’s of course the Coffin Brothers of the Hard
Rock Analyst fame. The junior mining sector is in malaise...
no, it’s a lot worse than that—it’s a total mess! Uranium
prices have gone off a cliff, zinc and lead have seen
their prices trading at a fraction of what they used to be,
plus we are going into the summer malaise.
Of course the brokers have brought to the market more
mining companies than we need and with many just to
survive having to print millions of shares these days, the
leverage is being devastated.
The Coffin’s have however, come up with two of the
only plays it seems worth following. First of all Goldsource
Mines (GXS) and their coal play in Saskatchewan
and the only mining play they said you have to watch and
that's Hathor Exploration.
Yesterday, Hathor comes out with a hole that if you are
a uranium explorer—you just dream of finding. How
about 69.2 metres of uranium mineralization.
This play now has to be followed.
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