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

To: loantech who wrote (62889)	1/15/2009 12:04:36 PM
From: Valuepro	1 Recommendation Respond to of 78417

loantech, "Steel stocks are perking are think. Also good for Claude's TRY stock." Well, they are not exactly "perking" The improvements are relatively minor, but on-going. More importantly, they are regional. Iron ore projects and steel mills in North America and Europe are not likely to see much benefit of rising demand in China, Turkey, and Indonesia. By the way, and more in reply to someone else's comment, I did not imply that China was doing well, nor that it will save the world. The facts seem to be that SOME of the slowdown in China was temporary, induced by halts in manufacturing to promote clean skies during the Olympics. Now industry is gearing up the massive infrastructure spending that is coming. Further, there has been a government push to force closure of about 1,000 smaller, less efficient and highly polluting steel mills. This push favors the large, more efficient, cleaner operating mills who are the large importers of high quality iron ore. In the meantime, this effort has lead to volatility in the spot market for iron ore, and a build-up of stockplies. These stockpiles, by the way, have largely been comprised of the lower/lowest (i.e., cheapest) grades most used by the smaller, older mills. Consequently, the market for large volumes of high quality ore for sale to China have not been as damaged as many have been thinking. Here's some late news as evidence... thewest.com.au chinadaily.com.cn

To: loantech who wrote (62889)	1/15/2009 8:01:18 PM
From: prometheus1976	1 Recommendation Read Replies (2) \| Respond to of 78417

"VP thank you for the compliment that I may have written it but right now I am driving a parts van for a living.Using less of the noodle!""""""" A favorite story of mine is that a man dies and goes to Heaven.As he is being shown around, he notices Genghis Khan,Napolean Bonaparte,Hannibal,and Robert E. Lee listening to a lecture on military tactics.He asks who the teacher might be ,and he is told he ran a bakery in Germany. When he expresses surprise that a German baker would be lecturing such military geniuses, he is told.."That baker is the greatest military mind that ever lived, but circumstances were never such that he was able to lead an army.On Earth his talents were never recognized simply due to Fate,but here all know he was the greatest." LoanTech,maybe you'll never run a billion dollar hedgefund,but maybe,maybe, you just never had the chance. My regards,P1976