Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: Claude Cormier who wrote (62744)	1/5/2009 5:43:45 PM
From: hank2010	Read Replies (2) of 78426

"but since this global collapse could last 10 years," Quote from Seymour Schulich interview today (complete intv. posted on Tiger board). "I am amazed at what's happened to the commodities, how quickly the prices have come down. But we are destroying some [energy] projects that take five to seven years to build so that when the demand does pick up there will be enormous shortages, and the price levels on the next cycle will make past levels pale by comparison. You'll get US$300 oil, US$50 nickel and US$10 copper. But I don't know if next time will be three-four-five years away." I am getting old, Claude, so I have to hope Seymour is more correct than you!

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