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Re: quicksilver459 post# 36

Tuesday, 02/21/2017 8:23:45 PM

Tuesday, February 21, 2017 8:23:45 PM

Post# of 63
Smart. (Playing devil's advocate here)

If their invention is so good, and I not doubting it, why are no majors jumping on board like crazy to use this technology for themselves???


Look at the dates of all the videos and how they came in 2014.

The PM mining sector was in a complete death spiral when this work was done which.

This is a 2012 Video:


Click on the 5 year chart here for gold and check out the 2012 price and the following years.

Talk about bad timing. (Understatement) http://finance.yahoo.com/news/great-gold-crash-2013-arrived-221432673.html


The Technology was a victim of timing as mining project simply failed and budgets slashed.



FAST FORWARD to 2017

BLOOMBERG: FASTEST MINING COMEBACK IN A DECADE
https://www.bloomberg.com/news/articles/2017-02-21/miners-enjoy-fastest-comeback-in-a-decade-on-surging-profits

The speed of the mining recovery is faster than anything that’s been seen in the past decade.

BHP Billiton Ltd. and Anglo American Plc on Tuesday reported the biggest profit increases since at least 2007 on deep cost cuts and rebounding metal prices. The earnings exceeded analysts estimates and highlight mining’s dramatic reversal of fortune in the past year.

The industry is coming back from a crisis that forced some of the top metal producers to sell assets, cut costs and rein in spending after years of over-investment. Metal prices have largely recovered from the downturn and several of the biggest mines are profitable, instead of bleeding cash.

“You can see how cash generative this business can be,” Paul Gait, an analyst at Sanford C. Bernstein Ltd. in London, said by phone. “I think 2017 is a year of strategic re-positioning and rethinking.”




TIMING IS EVERYTHING AND THIS TIME AROUND www.NipponDragon.com has survived and is riding the wave.


Do your DD and see you at the top!





Disclaimer: Do not ever buy a stock because of my opinions ever because you can lose everything. Nothing I say is ever a recommendation, but just an opinion. Don't Buy, Don't Buy as Cramer would say on CNBC. Do your OWN DD.