You are currently browsing the daily archive for March 6th, 2007.
The Fraser Institute’s Annual Survey of Mining Companies tells the truth nobody wants to hear. If you have to make hard decisions about spending and investing your money, then you will want to read every word they write.
The best part of the 2007 Society for Mining, Metallurgy, and Exploration (SME) Annual Meeting in Denver was meeting people. The person I was most honoured to meet was Michele Murray. She is a sophisticated lady, poised, and perfectly dressed. This is not how I had imagined her from reading her writings that I sometimes am lucky to receive and post on InfoMine. For example, read Fly-Fishing a Super-Fund Site: Butte, Montana. This is but one of the many by her you will find in the InfoMine library. We will have to collate them into a mining best seller one day. Michele, keep writing is all I can say.
Kevin Barker writes serious stuff about investing. He specializes in profound analysis of ore body, drill hole result, world demand, political climate etc. Not the stuff of a blog like this where you can claim that it is the people in the game who make a mine a good investment or a bad investment—and you can get away with it. So when he wrote the advice that I repeat below, the obvious decisions was to post it here and not with his serious finacial evaluations. If you make money from this advice, let us all know.
I read with horror (and secret delight) a report that Robert Dickinson, Chairman of Northern Dynasty Minerals, the company seeking to develop the Pebble mine in Alaska, predicted that “opponents of North America’s largest copper deposit and largest known gold accumulation will fail miserably in their efforts to stop development of Alaska’s Pebble project.” We all love a duel, and we all love an epic battle between strong fighters. I love watching WWE, boxing, and Eugene Onegin (Act 2), and their enduring popularity proves I am not alone in the animal delight that goes with seeing strong men beat up on one another. Seems to me Robert Dickinson has thrown down the gauntlet and set the stage for an epic duel. And we will all watch with bloody interest.
