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dont be afraid. 1. the lack of money spent on exploration in the...

  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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