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


To: Silver Super Bull who wrote (6542)1/4/2003 2:01:29 PM
From: Silver Super Bull  Read Replies (2) | Respond to of 39344
 
I was watching a business news program called "Forbes on Fox" this morning. I was shocked when one of the people on the show (I think it was Bob Lenzner, Forbes National Editor, but I am not entirely sure) said that he expects gold to increase 10x by 2010 due to various factors, including the declining U.S. currency and global tensions.

And the most important thing was - no one laughed at him!



To: Silver Super Bull who wrote (6542)1/4/2003 11:34:58 PM
From: marynell  Read Replies (1) | Respond to of 39344
 
CDU: Cardero acquired their Argentine silver property in Sept 2002. But note on the chart that the stock price had rallied strongly long before the silver acquisition. Cardero's regional play in Mexico is attracting serious due diligence from majors.

Regarding the Argentine silver property and Cardero's large market cap: there is little risk (by exploration standards) in this property. There is every reason to believe they have 10 million tons at 15oz Ag/ton for 150 million oz, on surface, open-pittable. There may be many times this much silver.