SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: TheSlowLane6/25/2010 5:27:49 AM
  Read Replies (1) of 48092
 
From the Fool:

China's exhaustive efforts to secure supplies of strategic resources from around the globe have just taken a most precious turn. After concluding that China's unquenchable resource blitz collectively constituted one of 2009's most overlooked events, I now submit that the nation's swiftly growing demand for gold comprises a new wave of fundamental support for rising gold prices.

U.S. miner Coeur d'Alene Mines (NYSE: CDE) this week unveiled a landmark long-term supply contract with China's leading gold producer: state-owned China National Gold Group Corporation. Roughly one-half of the life-of-mine gold production from Coeur's nearly operational Kensington gold mine in Alaska will be sold under this first-ever foreign supply contract for gold from a Chinese state-owned enterprise (SOE).


fool.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext