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Message: Got resource in ground? Got immnent production? Got huge exploration upside? Got

Got resource in ground? Got immnent production? Got huge exploration upside? Got

posted on Sep 16, 2009 09:11PM

historical, high grade data?

Le Metropole Cafe:

"The five largest asset managers in the U.S. EACH individually manage almost as much money as the entire annual GDP of Canada. Just wait until U.S. investors discover this sector….

$2 billion Newmont bond deal underscores investment demand for the precious metals mining sector:

What is most significant about this deal is that it shows just how much money is on the sidelines and looking for investment opportunities in the precious metals and mining stock sector. When I heard about this deal coming yesterday I expected, based on my experience in the bond market, maybe a $500 million deal. The fact that big money is willing to give $2 billion to Newmont on these terms is a harbinger for the kind of capital that is starting to rush into the sector."

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