2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.51

+1.2%

Nov 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

gg cox

To: gg cox who wrote (179574)	10/21/2021 8:28:09 PM
From: sense	1 Recommendation Read Replies (1) of 217546

Pretty amazing that economic growth two centuries ago... somehow enabled covering the landscape with railroads... so that goods that were found or produced in remote places could wend their way across entire continents to find markets... And, today... when you do find some large value in a remote location... no one has any idea about what you might be able to do to obtain cheap enough transportation to move it to where it can be made useful ? What does Canada need to do to make the mineral deposits found in the "Ring of Fire" useful ? When are they likely to actually get around to doing that ? The same clearly applies in the "Golden Triangle" in B.C., where, after more than a decade of languishing in relative obscurity... B.C. is finally enabling construction of a powerline to deliver electricity... giving some small reason for hope that the next decade or two might not be entirely lost in the same way the last one was ? Some of that boils down to an investors calculation as the time value of money conducted in the same way that real estate investors know that the future value of land is determined by the pace of growth as it expands outward from the ragged edges of cities... rural farms and forests gradually becoming high value land located right in the path of ongoing development... or maybe not... as cities also can collapse and fail. Seasoned resource investors do know that mining is mostly about real estate... location, location, location being one of the primary drivers of value. That's true in terms of ores at or near the surface being of more value than ores deep in the earth... and in terms of mines located near highways, rails, power lines... and communities full of willing people looking for a short commute to work... being more viable than those in places hundreds of miles away from the nearest dirt road... The Newfoundland Gold rush... is succeeding wildly now... far more than that still ongoing in the Golden Triangle... not because more gold has been found in Newfoundland than in B.C. thus far... but because the gold in Newfoundland... is being found in areas where there are pre-existing roads, rails, power and people... as well as it being a jurisdiction that's actually favorably disposed to and supportive of mining and its employment prospects... The market has its own ebbs and flows... which investors will have to consider in parallel, along side of the long lead time issues in timing the development potential of one location over another.... The investment environment... also a parallel consideration to the trends in the economic environment... so, for now, will take an existing road, pot holes and all... and intermittently delivered power using existing wires... over any future focused promises for improvements to be delivered later by those same people who are responsible for the expanding crop of pot holes that exist in the roads we do have... or the ongoing destruction of an economy that actually USED TO work ?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next