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

To: LoneClone who wrote (47391)	8/16/2007 3:32:23 PM
From: jackjc	Respond to of 78421

Exactly right LC, the jrs can get cash from PP's as usual, but to finance mines needs banks. The perceived shortages will drive up metals, and users will then step in with financing if banks won't. Jrs can not get loans as have no acceptable security, and should not anyway, a sure recipe for bankruptcy.

To: LoneClone who wrote (47391)	8/16/2007 3:47:43 PM
From: koan	Read Replies (3) \| Respond to of 78421

Great thought, so cash cows like BWR should be followed closely, which I am doing.

To: LoneClone who wrote (47391)	8/16/2007 4:08:00 PM
From: Anchan	Respond to of 78421

...which means that developers in their late stages (with all or most of their financing behind them) should do fine. Such as CEE.TO, EQN.TO, EPM.TO. Holding... Holding...

To: LoneClone who wrote (47391)	8/16/2007 11:34:04 PM
From: CusterInvestor	Respond to of 78421

Nice thought LC; I was wondering if we might not start seeing asset grabs by opportunistic countries with large reserves looking for an alternative to the US$.

To: LoneClone who wrote (47391)	8/17/2007 12:09:35 AM
From: Davy Crockett	Read Replies (1) \| Respond to of 78421

just posted this on another thread re: the link between the subprime mess/ tighter credit/ no bids for commercial paper & a mining company Will little Redcorp (RDV.to)get their money? Coventree is a Canadian based company involved in commercial papers, mortgages and the like and the stocks has been clobbered and of course there are a lot of questions being asked about how the company could survive in this market. Meanwhile, little Redcorp is a B.C based mining operations that is engaged in the building of the Tulsequah Chief mine and mill. As such, they had raised almost $240 million and guess where a $102 million of that had been placed. From a press-release today, Redcorp suggests “they invested on the recommendation of its bank, HSBC bank of Canada a total of $102.2 million in the following E notes with 5 separate trusts managed under the Coventree Capital Group.” Those notes were not paid on maturity dates and remain outstanding. The balance of Redcorps investment of $137 million has been invested in the Royal Bank and other deposits is HSBC bank of Canada, Royal Bank of Canada, CIBC and TD bank. This looks like a safer alternative these days, doesn’t it folks. All those confusing weird things out there that might have given you a percent or two higher in return suddenly look a lot less appealing than money stashed in a straight forward bank, a flight to quality. Meanwhile, Redcorp trades 50 million shares today and obviously there's more than a few people worried that some of their money maybe at risk of disappearing. On the other hand, if this credit mess does get sorted out it might become a decent punt… Message 23802024