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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (168331)	7/7/2009 7:15:51 PM
From: maxncompany	Read Replies (1) \| Respond to of 312555

Don't know about new lows or not, but agree on direction of base metals from here.

To: Claude Cormier who wrote (168331)	7/7/2009 7:32:30 PM
From: Proud Deplorable	Read Replies (4) \| Respond to of 312555

I think you are right now, no inflation for awhile and so BM's won't do too good. Oil prices should do well and the higher they go the more deflationary it is for the economy as a whole. See if you can figure out why. So I like Au/Ag/oil and gas for the Fall which is almost upon us. CC you're going to positively hate what I going to say next.... I'm in DMM for the 3rd time so if it fails it's down for the count. Rather than rely on some unprofessional advice on EC it would be nice if you would at least contact the company and ask them why they feel that their own team of geologists is better than Leary and Barron assuming that either of them would even be interested in a advisory or directorship. By not attempting to approach either of them makes me quite nervous and makes me wonder if there really is any gold there or if its another promo job. Since dozens of people here are in it because of the proximity to FDN why not make a call? I'll pay for the phone call.

To: Claude Cormier who wrote (168331)	7/7/2009 8:25:00 PM
From: marcos	Read Replies (1) \| Respond to of 312555

Kootenay management is thinking pretty much the same, they're after the PMs and pick up along the way such BMs as show in assays ... Promontorio is huge, has some high-grade Ag/Au, stands a good chance of surprising on the upside imho, in any case it's a matter of time before ktn hits on one of their projects, with that business model There are good companies with considerable PMs being undervalued because they also have base metals orebodies, i wonder how rational this is, to have zinc or copper actively detract from PMs values of your market cap ... examples i follow closely are Metalline, New Gold, and Terrane ... mmg alone has 130m ozs silver, but no one cares because they also have 6b [billions, with a B] pounds of quite high-grade oxide zinc ... or is it 8b lbs Zn now, i forget, oh geez if it is don't tell anybody, market cap will tank to usd8m from the current usd10m ... eight cents per ounce of silver, nobody cares about that I doubt that base metals will utterly crash, but don't see them going far north in the near future either, probably will drift off somewhat and stagnate ... the chinese were buying to support their own mines, not to hand profits to 'foreign devils', and they're modernising their mines fairly quickly, the period of support needed will not endure ... zinc and copper are going to need sustained upturn in the world overall, maybe next year maybe not Oil is the only thing i can see capable of making drama for us, by tanking ... it was a great feb-to-may bounce, done now, huge amounts in storage and that must be costing bucks, producer nations are going to see the price stop recovering and gush it out bigtime, knowing what is about to happen ... funny that Peak Oil will be confirmed not by lack of supply, but by lower demand, quite counterintuitive and will be a temporary situation only, leading to tightness of supply later, after current longs are bust Golds are the place to be, agreed completely Claude ... i know you don't include silver plays in the class, i do somewhat, perhaps a bit less than previously, still think they'll do fine at the PMs part of the cycle though ... planning to add a little more physical silver if some can be had under fifteen loonies on this downswing Where will gold bottom on this move? ... stockcharts p&f says 905, sounds plausible to me ... and interestingly enough, their one per cent p&f says bullish p.o. of 1011.38 [with gold the boxes are bigger than on gallerypage, not smaller] - stockcharts.com[PA][D][F1!3!1.0!!4!20]&pref=G