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where are we on the mining bull market clock ?, page-15

  1. 521 Posts.
    dont be afraid.
    1. the lack of money spent on exploration in the last decade in this country because of lack of foresight in political decisions .
    2.we have the world's best mining practice.would you want to be a miner in china /africa/ ussr
    3. selling off of current production through takeovers by o/s companies tells you that its too cheap.
    4. ostralya gets 45 billion give or take 5, a year from its exported resources giving back very little.
    5.this lift in resources has only been going 18 months at best from a big bottom.
    6. the emerging asian economies because if china is soaking up all inventories then india and s/e asia wont be far behind.
    i reckon we have a way to go.

 
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