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Re: Bobwins post# 2734

Wednesday, 12/05/2007 11:00:48 AM

Wednesday, December 05, 2007 11:00:48 AM

Post# of 7631
That was a great find Bobwins.......

"Despite the fact that the two industries are positioned on completely different ends of the investment spectrum, both are highly dependent on their ability to effectively raise large amount of capital and therefore, on the integrity of their collateral. For the mortgage/banking industry, collateral is financial paper (Mortgage Backed Securities and Asset Backed Securities) backed by underlying properties and creditworthiness of the homeowners. For the junior mining industry, "collateral" is the in-ground resource supported only by technical documentation (technical reports, feasibility studies, etc.), the quality and reliability of which is essential."

maybe we will see a over all market turn from the second Q going into 09 .... which is expected to be the case for financial institution's and the housing market. Would be funny or great....


Mt. Olympus ::: http://www.investorshub.com/boards/board.asp?board_id=8031

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