posted on
Nov 16, 2012 12:10AM
Don Lindsay just said growth in China ought to be $550 billion GDP this year and a team is off to India tomorrow (Don joins them Monday). He's very bullish on the global macro trend and says he'll invest billions in BC if the growth continues and will hire every engineer in the room and their friends and family. I like this ... Billions in BC. He's talking about grades going down now and the need to keep expanding in the face of limited good projects. As we all know, Schaft fits the bill.
Talking on resource nationalism and what a big deal that is now. You invest and then it disappears. All bodes well for us ... nothing new, but good to hear it again, now he's talking enviro importance and Tecks good global ranking. Don is an avid canoer so cares a lot about enviro issues. It is here to stay.