Post by
BaldSilverHead on Aug 16, 2024 10:58am
Shares for Pennies
There have been some positive news on designation of cabinet officials who have in the past been pro internationalism. There also has been some moderation on the judicial reform. Admittedly it is frustrating "waiting" for Sheinbaum to state her policy towards mining, however it will have to wait until the judicial reform is completed. So we may not get meaningful mining legislation / policy until 2025 that's just the way it is. What I believe was upsetting in inviting Putin (Icc criminal and Mexico ICC member is they stated they won't arrest him - so why be a member / he won't come because same thing with BRICS and South Africa. Maduro is a bit more disturbing as it legitimizes an election that is still in question. Meanwhile you don't invite Peru or Ecuador because you disagree with their govts. Not very international is it? ASHMA the steel producer just entered bankruptcy. They owe money even to Pemex. There are a LOT of bills coming due with no income stream. Siver globally is being depleted. Mexico mines 25% of world silver. My viewpoint remains optimistic that mining (including open pit /with some environmental requirements) will be WANTED both by Global demand and by Domestic Fiscal demands. This sell-off is the effects of FUD on stock investors, Fear - Uncertainty - Doubt. Who was it that said buy when there's fear in the streets? GLTA
Comment by
vanex on Aug 16, 2024 11:11am
Don't be too optimistic. Remember commie is always a commie, they don't have brains just stupid ideology
Comment by
BaldSilverHead on Aug 16, 2024 11:12am
True. That is the real FUD. :)
Comment by
kevinNash on Aug 16, 2024 11:15am
That invite list has been out for days hasn't it? It's the fact that they are still keeping this ban proposal alive that's spooking everybody.
Comment by
BaldSilverHead on Aug 16, 2024 11:26am
19 hours. They will keep ban alive until it's discussed.