Kondretiev saw a 54 year business cycle wave going back through time
the echo to the past is in the primary commodity wave of 1898-1920
1903=2007
except with China and India this time its 20 times bigger
there was a second primary wave in the 60-70s when these mines like Burraga and Mt Carbine were developed
all we are seeing is the primary wave of the K wave growth cycle pickup the moth balled resource reserve of previous commodity cycles
by the time this is finished we will have reopened every old mine that ever existed its still very early in the cycle
like Wolf who are opening their own RAU is simply a moth balled mine play they happen all over the world and there has been 2 major tungsten oens already :)
its part of the primary trend that resource prices are this moth balled resource reserve
EXM will be another one
I hope I am right so that we all prosper together
and thoat out many grandchildren can live in happiness
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