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Acadian Mining Corporation ADAIF



GREY:ADAIF - Post by User

Bullboard Posts
Comment by uranium777on May 25, 2007 8:22pm
605 Views
Post# 12842565

RE: Regarding production.

RE: Regarding production.I'm only sure of one thing; The US dollars is headed lower and that means companies outbid the US for existing metals. These stocks aren't worth more money - the dollar is just worth less. In Euros the prices have stayed the same for metals. Most BIG companies use in ground reserves as a hedge against inflation because that’s so MUCH cheaper than stocking finished metals.... It's counter intuitive the less valuable the US dollar the less valuable an unproven resource because people who HAVE money can make more money by buying currencies or selling them short.
Bullboard Posts