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


To: TrueScouse who wrote (21178)9/25/2003 11:20:42 AM
From: Little Joe  Read Replies (1) | Respond to of 39344
 
Howie:

Did you notice gap opening on Jaguar Nickel today. New highs on big volume. It keeps on trucking.

Little joe



To: TrueScouse who wrote (21178)9/25/2003 11:50:56 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 39344
 
Howy,

I believe the BHP study was based on an analysis of world known gold lode deposits. I believe that only 6% of the known lode deposits are larger than 5 million ounces. However, 40% of the worlds known porphyry deposits contain significant quantities of gold many with greater than 5 million ounces, most of which are undeveloped. There are many more porphyry than lode deposits in the world and many more to be found. Also, a huge chunk of the world, like Argentina, China and Russia, has yet to be explored in any meaningful way. $1000 gold will trigger many mines lode and porphyry and the cycle will repeat. You are way to myopic. You should be investing in juniors who know how to discover these resources not ones that buy impaired and overvalued assets from majors. That is a one way street.