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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Comment by gillisron Apr 03, 2013 5:01pm
187 Views
Post# 21207175

RE: RE: RE: RE: RE: RE: Beginning to take profits

RE: RE: RE: RE: RE: RE: Beginning to take profits

I wasn't actually going to bother pointing out why you are wrong because I felt that it was beneath me, but I digress.

 

Lower interest rates often lead to inflation, which also creates higher operational costs, which leads to lower profits. This was the biggest reason for the stock market stalling of the early 1970's. Decreasing interest rates can lead to asset bubbles which can absolutely destroy the stock market. Using quantitative easing in the short term as your entire basis for your assumption is a bit silly. They have managed to lower interest rates and avoid short term inflation (for now), but you can't really claim that increasing the money supply caused the stock market prices to increase. Much of that was related to consumer confidence knowing that the Fed was backing the economy and not willing to let things fall, which leads to increased hiring, job creating, consumer spending, profit growth etc.

 

In the end, you are always working with small slices of information and extrapolating large pieces of information on it. I don't know where the economy is going, not only do you not know where the economy is going, but you aren't even capable of understanding that you don't know where this is heading...which is harmless, but funny to watch you try to convince others that you do. The truth comes out with your stupid comments that always bob to the surface.

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