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

To: Claude Cormier who wrote (25511)	11/15/2006 11:01:40 AM
From: foundation	Read Replies (2) \| Respond to of 78409

re: Buying physical... to hold... is not a good idea unless we face a total collapse ---------- ... perhaps there are scenarios where physical versus stocks/ETFs are valued differently... ... perhaps costs of mining and/or political impediments might dampen perceived miner equity valuations... presenting a premium to stores above ground... ... perhaps all forms of "paper" investments will demand a much higher risk premium if/as various forms of newer, hybrid, paper investment vehicles fail (i.e. derivatives) or/and fraud within corporations (i.e. backdating options, managing earnings) is more closely scrutinized... ... to paraphrase Buffett -- when the tide does recede, how will the naked, pruned bodies impact valuation perceptions? ... perhaps "the real" will have tangible valuation advantages over "the promised and papered"...

To: Claude Cormier who wrote (25511)	11/16/2006 9:05:43 PM
From: foundation	Read Replies (2) \| Respond to of 78409

Buffalo Gold (BUF.U) versus Madison Minerals (MMR.V) ---------- Good evening Mr. Cormier -- and all I'd appreciate any thoughts on a comparison of the 2 miners above. My primary draw, aside from their "junior" scale, is their interests in New Guinea -- and the geographic diversification this would afford me. There are progressively fewer geographic regions I perceive as relatively safe for mining interests, though my perceptions in this matter are likely atypical. Also, I will not own miners incorporated in the US, for geopolitical reasons. Regions I consider "safe" for owning interests in mines include Canada, Alaska, Australasia, West Africa, Russia (perhaps China). Madison Minerals' Lewis Property in Nevada concerns me, as I believe environmental forces will come to bear in the lower '48 in future. I perceive Mexico and South America as ripe for resource nationalisation in response to decades of heavy-handed US hegemony. South Africa is out as well. The continental US is off limits -- as is Turkey (EGO) and other Muslim states. Buffalo Gold has an extra kicker in its uranium interests in Australia. At this point in development, there is some logic to a relative symmetry to their Mt. Kare prospects... pending many more holes and feet drilled... Buffalo's market cap is 2.5x that of Madison.... Buffalo has $25M US in cash and no debt, and it appears Madison just executed a very costly private placement... ... as things stand, I'm compelled to shuffle off to Buffalo... thanks f