Saturday, July 18, 2020 6:38:05 PM
I can see the potential Central Idaho mines they acquired - will be likely their JV deals that potential partners, IMO could emerge with to develop and defray some costs. Swallow indicated that in past PR’s.
IMO- however- I do not see Jersey Boys- taking on any partners with their Murray Gold Belt. Why would they, right lol?
I’m really being very selective on which mining corps I’m staking positions in. My criteria has changed and I’ll share why. Tensions with China, is not a drill nor a joke. It never was. This has been FAR more serious than media portrays it to be. Their focused far to much on cluck bait, than actually what’s going on with internationally.
Hence- I always am 1-2 years ahead of the crowd and anticipated, with strategic thinking, that eventually that the looming China situation, was never going to get better, security or economically wise. So I started 2 years ago, tinkering and shifting into corporations that will have less exposure internationally- but only in certain sectors. Mining is one of them- it’s all 100% American only -,in the mining sector for myself now.
We have sailed twice in 2 weeks into South China Sea, with US aircraft carriers, along with other freedom passages in Taiwan and South China Sea. Plus with trump admin taking other actions against Chinese diplomats and revoking Hong Kong - plus he stated he’s no longer willing to discuss with China round 2 of trade talks- and he’s pretty pissed off at them for allowing international flights out of wuhan and other areas of China- after China knew they had serious contagious person to person pandemic - lied about it- worse let people fly out infecting the world.
This is not a joke. Never was. Never will be. This is not a drill. But as real as it gets. USA is not backing down with China- but of course our corrupt media only spins BS- nightly. I’ll never be that naive, uninformed, uneducated or follow the herd. I can control my investments- the way I see fit. Being in corporations stock, here in the United States- is by far for myself- the wisest choice I made.
I still hold shares in other corporations in other sectors- other than mining- that do have international operations - but their powerhouses that if gets sideways with China- and if they start to stall or start big drops- I’ll cash them all out. I do not trust China, and never did. I did not believe it during Korea, Vietnam + Nixon opening China's door- nor to any other president that sold us out after.
If there is exposure to majority of revs in any corporation - to china operations if they were to lose that market. I’m out.
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