I think many board members remember my warnings ref. ELM's walk...

I think many board members remember my warnings ref. ELM's walk to Canada!

So from Munich fair, I got some interesting informations:

1. It is expected that about 1500 of the 3000 listed companies on the TSX will disappear while they won't get any money next year!
- Many companies are knowing those facts and are waiting till they are almost insolvent for taking the cheapest take over of good and only excellent assets!

2. A well-known Gold fund-manager told us, that there is a lack of liquidity in the USD- market due to the fact, that in 2012 against all informations no more USD were printed!

So the trial( necessity) is, stabilizing the USD! (Energy imports for USA are going down, (due to more and more development of shale gas) it is expected, that the US economy will be independent of energy imports soon! So this will help to strengthen the USD.

By the way, that means a non rising gold-price for the future, the market price is still by 1700 + , but the estimated real value of Aurum/Oz is by 900 USD ! (Paul van Eeden said in an interview)

These developments will have impacts on all resources.

These informations are from trustworthy persons whom I know personally!