Scottie Resources Corp V.SCOT

Alternate Symbol(s): SCTSF

Metals & Mining Industrial Metals & Minerals

Scottie Resources Corp. is a Canada-based exploration stage company engaged in the exploration and evaluation of gold and silver properties located in the Golden Triangle of British Columbia, Canada. The Company's projects include Scottie Gold Mine Project, Cambria Project and Georgia Project. It owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Contact Zone and the high-grade, past-producing Scottie Gold Mine. The Scottie Gold Mine Project consists of approximately 20 mineral claims and 14 Crown granted claims for a total area of 8,534 hectares. It also owns 100% interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine, as well as the Cambria Project properties and the Sulu and Tide North properties. The 17,625-hectare high-grade gold Georgia Project is centered on the past-producing Georgia River Mine. It altogether holds around 58,500 hectares of mineral claims in the Stewart Mining Camp in the Golden Triangle.

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Scottie Resources Corp

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Comment by AlternativeViewon Dec 22, 2018 7:27pm

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Post# 29151033

RE:RE:(Off Topic) - Prospects For Nickel

You ask many good questions. I have been asking the very same questions and suspecting the same outcome as you for at least the last 10 years. But it still has not happened. Maybe in 2019 and maybe not; timing is always the hardest prediction.

The complaints you level against the nickel market could just as easily be aimed at any other sector of economic production. And I would like you point out to you that everthing sells of in a downturn, including the miners.

So the game in gold and silver will not start in earnest until the FED hires a night shift for the presses. And that won't happen until after the crash. What should we do until then?

Sinbob wrote:
I don’t see any reference to the coming global economic collapse due to the historic debt and leverage, rising interest rates and the total inability to be able to ever pay off the debt by continuing to print until the the All while we see the cost for servicing debt reaching the point of no return as debt service costs for say, the U.S. Gov. will soon exceed tax revenue needs to pay it. How can the U.S. buy more and more of its debt (bonds) as the Fed tightens? How much longer can Japan monetize without it going bankrupt? I see nickel projected to rise $2000 to $3000/ton in the coming year.

I believe all the demand forecast projected forward is based on lagging indicators. Even with expected supply deficit (based on forecast growth of the last few years) and ‘projected increased demand’ if the credit markets tighten and highly leveraged corporate debt can’t find buyers, new industrial expansion is going to be terminated. The Silk Road initiative needs massive ongoing financing for example. Where is the credit /debt model for that? China has huge debt challenges already.

I believe, based on the economic indicators, that the global recession is at hand and there will be no underpinning for either the price of nickel or the demand commencing in 2019. How long the global recession will last and how sever it will be is anyone’s guess.