Re: A record day in the SP of UC (a-1)
posted on
Dec 28, 2011 09:47PM
Evening Brew my friend: Join me for one first? San Miguel export or Asahi?
First, may I remind you that while the ROF was / is potentially a very interesting property, I sincerely doubt that most of us will have made a single Loony on it in our lifetimes.
I was one of the most interested and enthusiastic because of my agreement with Noront which would have made me a millionaire in Yankee dollars before the bust..
As it stands, today I would only clear my maid's salary for a year or so sigh, Ok, ok, so she only receives $300 a month but as an additional incentive, my appreciative glances. She certainly does have a seductive wriggle and a lovely, dimpled smile. sigh
In any event I, and the market have lost our romantic sojourn with the ROF. Yes, the day will come, but I have lots of living to do in the meantime and I need Loonies 'now' to pay for it.
The ROF needs the world to fully recover before it can seriously negotiate further, and your guess is just as good as mine as how many years that may be. There is no shortage of chrome in the world. The others are too marginal to consider opening up that country on their values alone. They were gravy on the Chrome.
As for La Yesca, here we have proven resources and the ability to produce Gold and Silver for many years. what will the price be for Au, AG for the next 4 -5 years?
The betting odds are that it will be far, far higher as the major currencies of the world are progressively destroyed. The world needs some form of financial exchange which conveniently gold and silver fill the demand, as it has for centuries.
So we are sitting pretty with Jim and a few top Au, AG properties. Remember that old adage regarding Rome, and the fact that Jim will have year around production soon, if not now.
Relax my friend, and look around to see what comparable companies are doing in the world and the ROF. Very few have the actual and potential value of UC for investment gain and the long term payoff.
Don Jose de La Mancha (another San Miguel before that truck fellow arrives???).