Investment Opportunities - A coming Boom Town???

[Dave2]

Natural resource industry based towns go through a boom and bust cycle. The key is to get in early. Some of the best fortunes from the Dawson Gold rush were made not by the miners but the merchants.

Like a surfer the key is to keep ahead of the wave not be buried or behind the wave.

My personal forecast of a coming boom town in Ontario in 2012 is Cochrane, Ontario (not alberta).

Why: The town currently has a population of 5,400 people but a local big mining investment will add 1,000 new jobs in early 2013.
(Canada's largest gold mine)

http://www.detourgold.com/PROJECTS/Deto ... fault.aspx

total mining investment is $992,000,000 dollars. (yes that's eight million dollars short of a billion.) The mine was justified on a gold price of $US 850 an ounce. Guess where it is now???

Why I am being so nice about telling you this. I made my move two years ago in another investment which is land which I have 250 acres locally.

Not certain if I will up my bet or stick with what I have. Lets say we could always talk.

I wonder what the Landlord and tenant bureau would say if I wanted to charge rent in ounces of gold???

[Rusty]

Dave you are blowing my mind. A close friend of mine was just in Cochrane last week & told me the couldn't get into the Best Western or The Station Hotel. All the motels were booked but there was a room available in a not so fancy bed & breakfast.

Due to the miners who were changing their two week shift, almost everything was sold out.

What are u planning to do with your land? If you don't mind telling.

Rent in Gold ...too funny.

[LLROOKIE]

I wonder what the Landlord and tenant bureau would say if I wanted to charge rent in ounces of gold???

[NorthernAlex]

let me know when you get to the point that you need a property manager, investor or coordinator. I manage with my partner approx. 100 units in the northern region.