Replies to post #79649 on Value Microcaps Motherboard

[cl001]

Kipp, I agree the gold price will be volatile and even heading lower short term. That's why my top pick of gold is (SAM.to) instead of your (NGG.v) or CMM.v (BTW, I own all 3). Though I believe NGG/CMM has more potential, SAM hedged 80K oz of gold at 731. No matter what gold price is, these gold will generate about $39 million USD in the next 2-3 years if you use last quarter's cost of 244/oz. That's about 41 million CND risk free cashflow and SAM's market cap is about 30 million CND! How can the market be so wrong!!!

[MSGI]

kipp, Here is a problem that I have not seen anybody comment on here or in the news that I think could be a big problem concerning the markets. Much of the available stock has in the past been bought by the big retirement funds. The problem is that 75% of the companies have eliminated company funded retirement. An article in the local paper here said that most of the other 25% that still have company funded retirement are planning to eliminate it over the next 3 years. Now if everyone funds their own retirement thru 401K's and IRA's there would be no problem as the money would still make its way into the market. However, the US is a nation of non-savers. I seriously doubt that individuals will put as much into retirement funds as was done in the past by corporations. The corporations that have money invested now don't churn those funds, so I maintain that demand for stocks will be less in the future and especially so when the baby boomer start to retire.