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Re: mjkiii post# 6789

Friday, 01/14/2011 8:19:15 AM

Friday, January 14, 2011 8:19:15 AM

Post# of 26631
Thanks Mjk for update, I just want to share my thoughts about yesterday action.
Ok, occasional fluctuation in commodity price will happen. But how it going to effect us over all scheme of things? Our mine is fine even if POG is $1200 or less. We are up 100% just in a few weeks, of cause profit taking will happen. I mention before , it is a great time to be invested in commodities, we discussed printing press, inflation, growth of population = lack of resources. Today I'd like to add a global concern.
Middle East : even though Iran does not have a common border with Israel, it managed to project his power through Lebanon-Hezbollah which become heavily armed and ready for war. Then we have Syria - an other Iran's ally ready to pull a trigger. Basically it is a power keg ready to explode any time - and we all know what happens to Gold!
So, we are in a right place in a right time, no worry here LT.
P.S. Last time I check pipes in my basement- they made of some new type of PVC - copper is to expensive (contractor told me ). Well, I got my hands in two cookie jars, - good.

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