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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (290)	10/23/2001 2:26:00 PM
From: marynell	Respond to of 39344

"The problem is that the "public market" . . . " Yes, it doesn't make sense. You would think that one or several wealthy individuals would buy up some of these deposits that show high rates of return even at $280/oz gold, and put them into production. There aren't many of these projects, but they do exist. Markets are no longer efficient now that EVERY government in the world is intervening in equity, bond, currency and commodity markets to intentionally distort the markets.

To: russwinter who wrote (290)	10/23/2001 2:52:04 PM
From: rdww	Respond to of 39344

given what FGX has , what are majors like PDG (who have had some experience in Mexico in the past) waiting for? There are rumours - strong ones - that they are after BAN's 400K inferred resource in Timmins to keep feed for thier area mine. I guess it's a cheap addition - but PDG as dumb as they are should be looking at this deposit even though it's gonna cost a whack more - but it's reserves. It may be that Reifel has to start his own mine in order to get majors interested to the point that they wanna take it out so that they have control. Right now they may look at it as dead gold till someone ratchets up the interest. rather than somethi - why dither around on that when