Reader rebuttal (April 01, 2004)
Oil not the only form of energy
In response to ‘Syncrude 21: Plans to Double Production’ (CMJ October 2003), while it is apparent that oil in being essential for a host of products will have continued use long into the future, it is by no way certain that oil will sustain prominent use as a form of energy considering the fact that high efficiency substitutes have been in development for decades.
Simply verify more closely the article in a 1990 science supplement to Encyclopedia Brittanica titled “Science and the future” pages 217-221, which deals with high generative capacity electro-generators which while portable can furnish enough energy for a house on very little input energy.
Karl Hodgson [email protected]
Our Top 10 picks
Great picks, but why not Northern Dynasty in your Top 10? Some top analysts have given valuation far beyond the current value. The largest gold deposit in North America and the second largest copper deposit, with one the leading management teams and a top takeover candidate by the end of the year, probably four to seven times current value.
Brett Miller [email protected]
I would like to suggest Strike Minerals Inc. for your Top 10 of the year. This junior was a going concern a few years ago under Carl Forbes of Kirkland Lake. At one time Strike held over 22,000 mining claims. But being the character that Carl was, his operation more or less collapsed after [the] Bre-X Minerals [hoax] and the company fell into my hands.
We hold three claims known as the Edwards mine near Wawa, Ont., the Rhonda mine composed of 12 claims and a bunch of claims in Tyrell Township. We have just completed a $10-million deal on the Edwards and are in the process of a significant deal on the Rhonda. I have a hunch we’re on a roll.
Bill Hennessy, president Strike Minerals Inc. Westmeath, Ont.
My Top 10 list would be Eastmain, Sur America, Rubicon, Metalex Ventures, Pacific Minerals, Metallica, Pacific Rim, Nevada Pacific, Stornoway, IMA Exploration. Enjoy, they are good.
Othmar Steinhart Investor and executive chef (retired) Richmond, B.C.