TSX:SRU.UN - Post by User
Comment by
LANNY9on Jan 12, 2009 11:47am
369 Views
Post# 15698726
RE: "ORE" or else!
RE: "ORE" or else!We expect nothing more from the likes of Athapap, after all it was he and his cronies that busted into my email account and posted it on this very website. I still have the post in my files in case he has the audacity to do it again. This time I would not go to the local police station, it will be straight to the RCMP and he will be charged.
This company is taking a lot of time, more time than any of us would like but the project is sound and will become a mine someday. How long it will be is anyone's guess, my thoughts on the whole thing is this:China, India, Brazil and many more countries are growing at 8%+. You have 3 billion + becoming industrialized, all of whom want the "American Dream" which means house, cars etc. They are eating away at the commodities which are dreadfully oversold right now, which is very good for them. But, once the rest of the world's economies turn around you will witness unprecedented demand for commodities. It will happen fast and it will drive inflation through the roof, you have all these countries putting in trillions of dollars into building up their infrastructure, which will increase the demand pretty much over night. All it takes now is time for the money to filter down through all the red tape and gov't B.S. and people who hold commodity stocks will be well rewarded. That is how I see this playing out, Starfield just needs to have a property that looks very, very attractive once the majors start scrambling to keep up with demand for the next generation. Remember that all these mines that are being moth-balled right now will take a year or more to re-commission and start producing, which means that the supply will not come remotely close to demand. My fear for the future is that inflation goes through the roof which will lead to huge interest rates which will put the squeeze on corporations and the public at large. Thus making it hard for people to borrow, companies to build their companies and we will go through all this again. I believe that the governments are trying too hard to right the ship and will over steer and cause more troubles down the road. The economies will grow too much, too fast which always leads to a crash. What the governments are doing is what is best for them and their political futures. Everyone wants the governments to fix this problem and yes there is a need but at what point have they gone too far and indirectly caused the next problem?