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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (18247)3/20/2006 11:47:41 AM
From: TrueScouse  Read Replies (1) | Respond to of 18308
 
Paul:

I took a new base metals position today -- Pacifica Resources (PAX, V). It's a sister company of Yukon Zinc (former Expatriate) but I like this one better because it's an earlier stage play...

pacifica-resources.com

This is one I liked from the PDAC Convention. They could well end up with the biggest zinc deposit in the world (in the Yukon). Bigger than Red Dog even. I keep reminding myself of Don Coxe's axiom about oil and base metals that future value will be determined by "reserves in the ground in politically safe countries", so with the bull market in zinc this one fits the bill IMO.

Best regards,
Howy