Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: koan who wrote (30926)	1/26/2007 7:58:48 AM
From: SwampDogg	Read Replies (3) \| Respond to of 78416

Last time you made a post like that was in early September Don't get too comfy IMO the odds of a major correction here have gone up substantially in the past day.

To: koan who wrote (30926)	1/26/2007 9:01:51 AM
From: Herb Duncan	Read Replies (1) \| Respond to of 78416

You may be right , history usually repeats itself. However to put the whole thing in perspective it may be a little different, notice I said a little different this time, The word from a lot of the folks at PADC last year is that this time around was that, we have found most of the easy stuff, EIA requirements means what we find will take 7 to 10 years to bring new mines into production, some of the large established mines are getting a little tired (which means companies will be on the hunt to replace reserves through acquisition or JV) and the final kicker. In 1987 we did not have China sucking up resources at the current rate. All indicators point to a long term bull market for base metals with the obvious corrections along the way. What do we do? find juniors with good reserves and and drill prospects and..................use stops.