I don't know if anyone actually reads this forum anymore but if so, consider this.
By the time SNO gets their act together, considers whether or not they actually want to do any exploration again, and for what commodity, we will probably be well into the gold and silver bull market. Probably too late for SNO. And diamonds are not even on the map much right now. With the exception of Peregrine and possibly Stornoway who's exploring for diamonds with any real effort?
So, what's one of the next big commodities to consider? How about Uranium? The Globe Investor today talks about the up and coming need for Uranium and China's growing demand. From TD,
"China’s uranium imports are skyrocketing. At the end of August, 2010, import levels were up three times over the same period in 2009. And as demand increases, TD noted that hedge funds are coming back to the market"
"To account for this interest in uranium, TD increased its 2011 forecast price by 25 per cent to $62.5 a pound, and moved its 2012 and 2013 projections to $75 a pound."
IMO, SNO should get themselves ready to look at their Uranium claims, hopefully, with better results and leave the diamonds until next time.
BGT
