TSXV:NORA.H - Post by User
Post by
utellme101on Jan 25, 2008 5:24pm
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I spoke to Gavey, and Karim and even
I spoke to Gavey, and Karim and evenGary at the show. Never seen so many people with big smiles on their faces! We are in for a "pleasant surprise", at the next 43-101. I believe they should have the results on the next 22 holes for the next scheduled 43-101 ( in about 2 months). That would be about 44 holes altogether of new data. Too bad about the market being so bearish. But Dines, Casey and most of the speakers at the conference were bullish of gold and silver. And down on cash. The speaker halls were standing room only. But not so many people at the booths. However, a record number of booths were present. Lots of people looking for direction. Some speakers felt that we were going for a dead cat bounce in Feb. and then a bottom this summer. However to protect ones finances, gold and silver were chosen by all. Both stocks and physical metal. Another big pick was base metals. China and India (Chindia) will require 40% of the worlds production of base metals for the foreseeable future, to create their infrastructure, power lines, roads, buildings, including cars and fridges. The world will not be nearly as dependant on the US economy as it used to be.
The message was to protect yourself with gold and silver, but invest in base metals, and Uranium. China is building 12 reactors that are to be on line in about 3 or 4 years.