RE: Minco update at Changkeng.This is good news. It appears to be a substantial resource. The stock seems pretty undervalued compared to the general market.
They have a lot more properties in China and I would guess that there is plenty of upside potential, especially when gold and silver make the next leg up in the bull market. I don't expect the gold/silver bull to resume, though, until after the next mini-crash, which the non-mainstream pundits are predicting and which I tend to believe in.
What's going to trigger the next gold bull run-up? Well, right now, I think the mainstream (Wall Street) crowd are so excited about all the "measures" being taken to "fix" the economy that they are all forgetting the money printing presses running at full capacity. I wish I had the capability to just pay-off my left-hand debts by creating money in my right-hand. How does that work? I set up a "toxic" company and shovel all my debts into it. Then I print some money to finance the old company and start again with the new one. Wow! It's genuine magic! I just need somebody to explain how this trick works, because I must have missed something!
Happy "investing" everyone!