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SI: Jay Taylor's Gold & Gold Stock (#46)
From: Ron Struthers
Hello Ron, excellent post, I believe we have had some brief discussions via email before, posibly on Bema and IPM.
I have worked many years for a technology company and change and technical breakthroughs and advancements are the order of the day.
You will find a number of people and professionals who feel PGEs are imposible in Arizona, these are scams etc. etc.
I think this is about change, there are two types of people in the world, those who except and embrace change and those who resist it.
These deposits are differnet and changes in technology recovery etc. will soon be recovering these precious metals.
Like any change thru technology and advancement it eventually consumes everyone and all embrace it.
As Jay has mentioned and myself that this is much similiar to heap leaching back in the early 1980s. There were many mining professionals who stated the economice recovery of gold at 0,04 and 0.02 opt etc. was simply imposible and it would never happen.
Now it is likely one of the most widely used mining techniques in the world.
Almost weekly more industry followers are getting on board this new play. In 1997 a number of these companies will be producing and selling precious metals from these deposits. More influential people will get involved,newsletters, press, financial funds and bankers, posibly a major mining company may step in somewhere.
My point is, it is not imposible, this change is happening and the pace is quickening, there will be those who are onboard and those who will wonder what happened. IMO time is running short to buy these stocks cheap.
Ron, onboard |
