Re: The Rhymes of History--tinshins
in response to
by
posted on
Jun 22, 2008 01:18PM
A New Mid-Tier Gold & Silver Producer - Mexico
I applaud your analysis and will only add a few comments. The one constant in every period that you mentioned is that the period length is never the same, therefore the length of the decline/rise is a total unknown as well as the severity of the rise/decline. That is what makes statistics such a fascinating subject!
I, for a long time have been surprised with the strength in the Dow and the S&P. I see no reason for both being so high with all that is going on in the world. In my own unsophisticated analysis I have felt that a severe decline in both the Dow and the S&P are inevitable .
Maybe that is why I am only invested in Gold, Gold Stocks and Oil and Oil stocks. But lets look at MFN as that is why we are here...
You state that MFN did OK 2001 to 2002. At that time MFN was a more "go to gold stock hopeful " highly pushed by a lot of so called "gurus". It has taken MFN six more years to get a real mine "almost" up and running and the stock is no longer followed with the great intensity that it once was.
My feeling at this time is that MFN will once again move into the limelight with a successful start up of the mine. Several "guru" types are starting to notice MFN again and have been accumulating the stock.
Promotion of this stock is non-existent and very little information is put forward from the company itself. Without a doubt this is a one horse stock so as the Dolores Mine goes so does this stock.
I am hoping there will be positve price appreciation before the end of the year.
All IMHO
hawnkoa....friend of DB and fuzzy bears