Author Topic: MINING: Start up IPO's anyone?  (Read 1315 times)

Offline BILLY Defiant

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MINING: Start up IPO's anyone?
« on: December 19, 2011, 06:51:17 PM »
Anybody speculating in Mining IPO start ups?
 
Last Mining company I bought two years ago was Helca(ticker HL)....they did well, still going strong.
 
Been looking at some in Canada.
 
 
TC
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Offline Dan

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Re: MINING: Start up IPO's anyone?
« Reply #1 on: December 20, 2011, 11:12:09 AM »
Very speculative play. Given the higher relative extraction costs in recent years, it would seem to me than any mining investment is a bet on the assumption that the world economy is going to continue to grow.
 
Not a sure bet in my book.  ;)
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Offline BILLY Defiant

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Re: MINING: Start up IPO's anyone?
« Reply #2 on: December 23, 2011, 07:01:17 PM »
Always a bit of a gamble of course, rising fuel costs are a factor.
 
Aussie mines continue to be a winner, China being the biggest buyer.
 
I'm guessing the Canadians may do more business with the Chinese in other areas beside the oil industry. :-\ ?????
 
Billy
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Offline Dan

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Re: MINING: Start up IPO's anyone?
« Reply #3 on: December 28, 2011, 10:40:00 AM »
Agriculture would be a natural play for China-Canda trade. Ditto for forrestry.
If you believe big government is the solution then you are a liberal. If you believe big government is the problem then you are a conservative.

 

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