Cos , a really good post, I was probably a bit fliipant in
posted on
Sep 29, 2008 01:52PM
my "jockey shorts " post but honestly if I didn't put some levity into what happened today I'd be heading for the window ledge.
you are absolutely correct if they don't get this thing sorted out and soon we are going to see a heck of a lot more companies going heading to bankruptcy. I just listened to a Rep from Texas say he turned the package down cos he didn't want to put his kids into debt down the road. What he doesn't get is if this thing doesn't get passed and quick his kids wont have any road to go down. One of the finance traders said it right , he said words to the affect "I know squat about politics I know money and these politicians no squat about money".
There is a very definite fall out for NOT, if $$ start to dry up then junior mining suffers we are only lucky that NOT has $$ in the bank that hopefully will carry them through this crisis.
At the end of the day I still have my NOT shares holding them tight and if I had any $$ I'd be buying. These are troubling times for all investors
GLTA
Joe