why I am fairly confident we are at a bottom give or take in the mining stocks? If you look at the other board, stockhouse, you will see virtually no retail, nobody like me. You will see a board for of actual professional miners, for the most part, and actual mining engineers.
And they are very conservative, most not knowing hugely about some things, but knowing so much about this asset, and how to evaluate it, but even so, they are very conservative and self focused. In this you gotta know engineers in general. They are very tight fisted with a buck, and do believe in their own analysis. They are anything but optimistic, and bottom line is that the other board, which is Canadian, is basically empty.
Plus i have noted before that ALL METALS GO UP IN A SECTOR, VERY KEY POINT.....COPPER NEVER GOES UP, FOR INSTANCE, WITH GOLD SITTING THERE....Inflation is now listed at six percent by shadowstats, which I believe in, not the government lies from bureau of labor stats, etc.
I have represented more than a few du pont engineers and have had many engineer friends and these guys are very tough minded. Very brainy. very believing they are gifted and guess what, they are. They are also a little square but still fun. Engineers can be brown spots on a brown wall when you are out chasing women, but they are still brainy and totally loyal.....nice and great people but i digress..
PVG is the most abused stock in the world. Ivanhoe was not like that, as people believe so strongly in robert friedland, they are terrific of him, and of going against him.........
I love being ground floor. Remember, canadians are like badgers, they are diggers, scouring the globe, and they have gotten all heck beat out of them for the past 5 years, but the ones over their are smart and have survived and believe in their own education. So impressive. Plus they have that real world miner pessimism about them, and will put up their ideas against the company's dozen engineers and independent geologists specially hired to evaluate the company's asset, a mistake, but still, I love them guarding the downside in this investment. my thoughts..blah blah blah
