LEG 0.00% 1.3¢ legend mining limited

dow falls another 200 but same game .

  1. 1,135 Posts.
    Although the Dow has fallen another 200 overnight , it doesn't interfere with our game .China is resource hungry & said to be building the equivalant of a city every year .There is a shortage of base metals because of China & the emerging India.It is a reality that world economics is increasingly less dependant on the USA .America is going through a reajustment brought on by a erratic inadequately regulated finance sector . Resourse companies with resources , may become hot property , we may see MORE mergers at the smaller end & even privatizations .As they scramble to control what resources are known .It is an extremely expensive business finding & getting these base metals out of the ground .China wants long term stable contracts . I still believe eventually we we see a rationalization of the smaller base metal companies particularly in the Pilbara largely for exploration funding reasons .Interesting to note our leader has been in China attending a meats conference .Apt timing perhaps , onward march Legend.LOL DYOR .PS at the moment I believe Legend mining to be one of the most prospective resource explorers on the board .
 
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