res-investor

Thanks for all the great posts.

I'm mainly a technical guy and it's MHO that lower base metal and precious metal prices have effected the whole ROf group to some extent, with nickel being the major loser.

Gold got whacked through some support levels over the last two weeks or so. The current support under the market is about at $890. The upside may be limited to about $980 to $1000 until the next major push takes place past the big milestone which is expected by uncle Jimmy.

Silver and Palladium I'm going to lump together as James Dines thinks both these markets are ready to blast off to the heavens. Dines sees silver eventually having a minimum move to $100. Gee, $17.72 looks really cheap in here.

Nickel stories have been circulating stating that the metal may be replaced with cheaper components in the making of stainless steel. Nickel's last is $8.22 and is down from its May 2007 high of about $24. There is major support in the $8 area.

Copper just seems to be just going sideways in the $3.65 to $3.80 zone with attempts at staying above the $4 barrier proving futile.

Both lead and zinc seem to have refused going lower in and about their $0.80 levels. Lead is the better of the two currently with a price of $1.01 while zinc is lagging at $0.86. I have read reports of the proposed closing of zinc mines and refineries in Australia. Does anyone know where I can take a truck load of zinc to put in my small barn?

Thanks again to all the posters that have kept up the group on current developments concerning MF's west, the rest of the properties and upcoming reports and NR's.

Go PRB!!