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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (229875)	11/22/2009 9:12:11 PM
From: patron_anejo_por_favor	Respond to of 306849

You've missed a large number of posts on the subject here....I agree with Heinz, by and large, and am still long the stock with about a triple position or so. I did add some on Thursday. Many shareholders are miffed that management wasn't clairevoyant re: the political risk. Well, unfortunately Mexico is one of the more mining-friendly jurisdictions around the world (up to now). Gold has a nasty habit of locating itself beneath soil of nations run by despots. If you think Mexico's bad, think of what Russia might due to Kupol some day. Or the South Africans (who've chosen a more incremental approach to confiscation). Personally I think NGD has been responsible with CSP (remembering that it's a near-ghost town of 60 souls prior to MRB's entry, with a large number of fairly dangerous "historic mine shafts" scattered about the town. Irresponsible? Hardly. They've met ISO 140001, which is usually all that's required in the US (which is probably as harsh a regulatory environment as there is for a miner, although we usually play by the rules once they're set. Without trying to sound too glib, you pay yer money, you take yer chances..... EDIT: BTW, the yeller dawg is up 12 bucks overnight. Maybe there IS something to the rumor of Tungsten painted bars sitting in Comex and Ft. Knox in lieu of the real stuff?