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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Probart who wrote (88468)8/1/2002 12:35:50 PM
From: E. Charters  Respond to of 116764
 
True gold stocks like Wildcat Resources and Zendal Explorations Extremely Limited, that really, really really want to develop a realistic gold mine, (what a chore!) are still low, low prices. This is the joy of it.

There are many many paper hanging pseudo explorationists on Bay and Howe. Sure, they drill real claims, and they will let you know their experience at selling used cars and ladies underwear stands them in good stead for sussing out the mines, but in the end many are disappointed. On the other end of the drawbridge there are the PhD's with mines to their credit. Try as they might, they get embroiled in 800 million ton disasters of questionable metallurgy or countries that put their mine in prison once the fease is done.

Where is the easy mine and easy profit. Alas, only it seems I know for sure. Email me at mailto:echarters@ca.inter.net and I will give you a list. (There will be a small fee) Trouble is no one wants to do easy mines at easy profits. Profit from mining is a dirty word. Dirty, dirty dirty.

Call me a pollyanna but I still think a mining company might make money on two fronts, equity and corporate profits. And hey! the profits might be actual true surplus capital. No need to factor in high tech partnerships, as people are actually buying its atavistic product.

EC<:-}



To: Probart who wrote (88468)8/1/2002 11:44:18 PM
From: long-gone  Read Replies (1) | Respond to of 116764
 
Thursday August 1, 11:38 pm Eastern Time
Dow Jones Business News
Hong Kong July Property Transaction Vol Seen Down 25% On Mo Centaline

HONG KONG -(Dow Jones)- The number of property transactions in Hong Kong likely fell 25% in July to about 6,200 compared with the previous month, the lowest level since October 2001 , Centaline Property Agency said in its monthly report.

There were 8,311 property transactions in Hong Kong in June.

Centaline said Tuesday it expects July's transaction value to drop 16% to HK$ 16 billion from HK$19.04 billion in June.

The private property agency based its forecast on data obtained from the Land Registry as of July 25 , when 5,044 transactions totaling HK$13.6 billion had been recorded.

It said developers had slashed the number of new residential project releases during June's World Cup held in Japan and South Korea .

July's decline can also be attributed to an active secondhand market during the March-May period as well as the numerous residential project releases during that time.

Centaline expects July's number of transactions for firsthand properties to drop more than 50%, while secondhand property deals will also decline, albeit at a slower rate.

The Land Registry usually issues monthly property figures, based on the total number of sales and purchase agreements received, in the first week of the following month.

biz.yahoo.com