Silk Energy Ltd SLKEF

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Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.

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Silk Energy Ltd

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Comment by whaleron Aug 03, 2009 11:06pm

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Post# 16187916

RE: RE: Say hello to $8.50 Spot nickel

Hi Driller

Did you guys see the news in the States? The US markets released their numbers on Manufacturing and Auto sales. Turns out better than expected. That translates into better steel prices etc. So investors and analysts who were relying on China to be the savious of the owrld in terms of raw material demand are realizing there are the US and likely EUR to figure in as doing okay as well. Factor this altogether and its economy like the old days. Possibly looking at global growth driven shortages??

Nickel at $8.50 and going higher. Yes the sulphides are going to be rare and in demand. Open pittable will be the way to go. What are the speculators doing now? What are the big miners going to do to secure feed and possible secure their future in this burgeoning base metal industry?

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