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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (20964)10/30/2002 2:47:12 PM
From: Crimson Ghost  Respond to of 36161
 
More evidence that it still is very early in this gold bull.



To: nspolar who wrote (20964)10/30/2002 4:38:37 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 36161
 
wait until after gold nears #400, IPO 2ndarys will occur

gold miners will need more capital then
they are succeeding in lining up some capital now
private placements are doing the job, from what I read
venture caps are in there to some extent, surely

this is a double barreled milestone
since IPO's will require analyst opinions, thus coverage
and the game cycles in full speed, just like in 1990's
the tables will have turned

so mainstream stocks will have large deposits of fecal matter in their pants, with exec mgmt justifying their big pantloads of pension expenses and stock option expenses

but miners will be running fast, bringing to market gold from large deposits of valuable ore

the contrast in deposits will be stark after #400
maybe sooner at a lower critical price like #375

then, a year or two later, the public catches on
they are always last to the party, slowest to learn
they require a trend to be clearly in place in order to be felt as "safe"
unfortunately, most of the meat will have been carved off the centerpiece turkey by then
the safer it feels to them, the closer the game is to OVER & DONE

gonna be fun to sell near the top
esp after a long patient wait on the ride up, bumps and all

/ jim