SI
SI
discoversearch

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: pogohere who wrote (45032)7/16/2007 10:15:52 PM
From: koan  Respond to of 78410
 
That has been my contention for a long time. In a nut shell:

The metals market for over a hundred years has been in a boom and bust cycle. So much so, that it caused massive technical damage i.e. investors could not rely on a profitable operation over the long term.

And the busts were more often than not, devastating loses. Therefore big money has been reticent to invest in mining shares.

That is why I have also believed through this bull market that mining companies are still now very undervlaued. They are not peaking. This is not a bubble, so much as prices rising to find their real value in relation to supply and demand going forward.

And why I think HBM, BWR and ELR will be taken out. They are all very profitable producers with bright furtures.