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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (23623)10/27/2006 1:09:04 AM
From: koan  Read Replies (1) | Respond to of 78416
 
I am wondering Mr aloha, if it has to do with skepticism regarding getting mines in general into production. So many new mines being built are running into all sorts of problems getting to production. e.g. Echo Bay lost 100 million on echo Bay, Kensingotn is stopped again, bolivia, irrational environmentalists and the fact most of the deposits known to exist but have no tbeen put in production are tough plays e.g. CZN may not be able to get permits?

In 1987, we had speculation running rampant, but today the technical damage i.e. cyclical low metals prices and failure in getting mines built may be putting a large premium on producing mines.

But I am going to buy some MMGG-lol.