InvestorsHub Logo
Followers 0
Posts 2380
Boards Moderated 0
Alias Born 06/25/2004

Re: bluediamonds post# 205909

Saturday, 05/06/2006 4:02:11 PM

Saturday, May 06, 2006 4:02:11 PM

Post# of 358440
China may be a completley different deal...

By: DrillBit
06 May 2006, 03:25 PM EDT
Msg. 315632 of 315635
(This msg. is a reply to 315631 by elo54.)
Jump to msg. #

elo, China may be a completley different deal but then again a facilitator of money flow to us so that the market does not see the payoff.

IMO, China bought an interest in our assets and has nothing to do with any NS. I laugh at folks posting that the Chinese would never pay large sums for leases that have not been mined. The Chinese are very smart in that they have patience, a desire to add assets in countries WITH RULE OF LAW and they have huge amounts of US paper.........read Treasury Bills...........that they can utilize. Asia has a huge need for LEAD, ZINC, CU, MOLY, COBALT....wink CALVF...and more base metals found in Canada to drive the extreme ramp up of their industrialization.

http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=315632

By: elo54
06 May 2006, 03:38 PM EDT
Msg. 315633 of 315635
(This msg. is a reply to 315632 by DrillBit.)
Jump to msg. #

Drill-I think you are so right.The Chinese are not stupid either and will not overpay for anything.I would say its quite an achievement to get $$ from them at all so we must have substantial assets.imo
ELO

http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=315633

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.