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Mr. Zen

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Mr. Zen

Re: None

Friday, 10/08/2004 2:38:53 PM

Friday, October 08, 2004 2:38:53 PM

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"There's a deficit in the world of copper coming on stream," Frank Holmes, chief investment officer at U.S. Global Investors, said. "There are no new mines basically to 2008 of any substance that can put a dent in commodity prices."

"And we went to a five-year drought of under-exploration development of the world's deposits, and it takes 10 years from their discovery to get any copper out and these are billion-dollar projects," Holmes said.


There is no substitute for conducting your own research

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