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ranbotrader
Member since May 2012
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Gold Mining Healthy? - Scott Wright - Zealllc

"Homestead"? Isn't that somewhere you live...........

I hope that somebody walks into your home and takes your car. When you object I hope they call you a mafia member for objecting.

Ownership is not a notional concept nor is it optional. The belief that if a resource is discovered and mined then this confers ownership on the miner is ludicrous for the same reason that if you crop somebody else's land then the crop is not yours to harvest. Basic logic really.

Miners have a reputation of slash and burn. And when they are finished they leave the mess for taxpayers to clean up.

The sooner the mining industry accept that it deserves some reward rather than blustering 'its mine' then the sooner a proper business relationship is established. This is how it works.

Commented 4276 days ago

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Beginning of the headline : In 2011 gold-mine production came in at an all-time record high.And in 2012 experts anticipate production to be even higher, edging above the previous year's 87m-ounce tally.From the looks of it, the major source of gold's supply is in fine fettle.But is the gold-mining industry truly healthy? In attempting to answer this question it is important to understand how we got to the production levels we're at today, and then take a look at some of the structural fundamentals that may impact this industry going forward... Read More

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