RE:RE:RE:RE:Crescat 79Another point from the Crescat presentation on Friday......they are invested in a LOT of gold and silver exploration firms. Most are in Canada and western USA, but quite a few in Mexico, and South America, and a few in Australia, and a very few elsewhere. But, QH said one of their parameters in choosing investments is those companies actually drilling. So, he pointed out that among ALL their investments, they have 160 drill rigs working. And, I thought, well, between NFG and LAB, there are 16 drills now turning....so, that's 10% of all the drill among the scores of companies Crescat is invested in.......and, remember, Crescat invests in other things too, such as tech stocks they've shorted.....they are not a one trick pony....I think they probably have the same overview of the investment scene as do many of the NFG investors, i.e. this is a whole new investment Era with commodity based sectors taking the lead, and all the massive mistakes of the Western govts all coming home to roost, and commodities being the place to be, while the previous leaders of the investment world getting wrung out of their massive overvaluations.
Bang on again Dan ....it is all about what you don't want to drop on your foot.
Inflation will be running for some time and what will commodities do?
We have had a free ride on them for sometime and it is time to pay the piper.
By what too many on this board say you know they just do not get it.
The genie is out of the bottle. IKE