Re: http://agoracom.com/...
in response to
by
posted on
Oct 21, 2011 05:36PM
good morning my worried friend: First, two coffee to relax both of us. Frankly any co that has a mining operation producing $200,000 a month in it's starting phase, with $400:000 as a near, probable goal, is NOT a losing proposition, particularly since Gold & Silver are reliably predicted to possibly double or more.
As for The ROF group, I don't think that any of the other are exactly displaying a fantastic jump forward as did Noront upon it's initial discovery. It went from .75 to $7.50 then down to it's present .40 - .45 cents, and has stayed there for some time.
Most seem to expect China to buy everything at fantastic profits for the investors, but that phase has now gone down in history. China finds herself settling into the same bracket as the US and Europe, She has been shown to be a paper tiger in many respects for the same reasons as Europe and the US, over building and over spending.
Many of her warehouses are loaded with merchandise to sell with no buyers, merchandise that effectively the gov't backed. Her expansive economy was based upon selling them, and construction, and is now slowing down.
Her use of energy has gone down showing decreased production today
Heck, even mule trading has gone down also.
Don Jose de La Mancha
p.s. remember, we still use the bush telegraph down here, so I may not be up to date.