...this one, "McEwen Mining (MUX) (MUX.to)".
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...this one, "McEwen Mining (MUX) (MUX.to)".
It's turned into a complete obsession.
I know many of you are not into electronic-type music but trust me on one and give this one a go, start at the beginning and listen to the whole piece. You may find you like something you never thought you'd ever like. Then when you're done check out the whole album as Hopkins is way way better than just one track. It's what Stravinsky would be doing today, or Mahler.
PS: I inadventently got the name of the track wrong to begin with, calling it "third eye signal". There might be a reason for that mistake...
That was then and this is now and the big question is what to do, if you're AVU.v and want to keep paying yourself salary cheques and running your interpretive exploration campaign? The answer is to sell out to the bullshit pumpers and get them all on your side, which means Palisade Capital (those guys in Belize who run the mining pump radio show), Dig Media (purveyors of pump for years) and Bob Moriarty of 321Gold are all on board with the latest round of the placement, stocking up on the 10c shares with their full warrant kicker at 15c. But alongside those public purveyors of bovine excrement we now also see AVU playing with such backroom guys as Concept Capital Management and Golden Capital Consulting Ltd (both domiciled in The Marshall Islands...which is perfectly legit, innit guv) who make their living by "formulating capital markets strategic plans in Europe". Yes, before you ask, that's bizcode for "pump jobs on the Frankfurt exchange". By the way Concept Capital Mgmt is a particularly nefarious house of financial nastiness, the real classic sell-your-grandmother types.
And AVU, a company that runs pump jobs on its drill results, has just willingly got in bed with all those guys via this latest placement and of course the new holders all paid full cash for those shares....none given away for free in return for services, of course of course of course how cynical of you to think otherwise. Because as those guys have proven, time after time, there's no need to have a decent deposit to be able to get a stock to move up. All you need are a layer of suckers waiting to hear the right message at the right time and then react in correct Pavlovian style.
On your way out the house this morning, check the bathroom mirror.
The last couple of weeks have seen a rise in the number of serious and level-headed commentary people in
who either predict a Scioli win in round one or if not, that he's getting close to that level. I don't think Scioli will quite have enough and again, a lot will depend on how the deserters from the Sergio Massa campaign decide to cast for Scioli or Macri. But his grasp on the top job is looking firmer by the week and few in Argentina or looking on the campaigns doubt that Scioli is now red hot favourite. Argentina
According to Global Mining Observer today, Roosen wants to buy AuRico, newly embiggened after its merger with Alamos. Read about it here.
UPDATE: One mail received on subject so to nip it in the bud no, I don't own any shares in either stock. Boring farts, you got nothing else to do?
TORONTO, ONTARIO--(Marketwired - Jul 16, 2015) - Lake Shore Gold Corp. (LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced that it has submitted a binding proposal to Temex Resources Corp. ("Temex") for the acquisition of all of the common shares of Temex. Under the terms of the proposal, Temex shareholders would receive, for each Temex share, 0.105 of a Lake Shore Gold share, having a value of $0.13 based on the closing price of Lake Shore Gold's shares on the TSX on July 15, 2015.
Temex holds a 60% interest in a joint venture (for which Temex is the operator) with Goldcorp Canada Ltd. on the Whitney Property ("Whitney), immediately adjacent to Lake Shore Gold's Bell Creek Mine and Mill. (continues)
PS: And they're domiciled in Belize. Seems legit, guv. Innit.
TORONTO, ONTARIO--(Marketwired - Jul 16, 2015) - Silver Bear Resources Inc. ("Silver Bear" or the "Company") (SBR.TO) is pleased to announce that an order has been placed with CITIC Heavy Industries Co. Ltd. for a 500 kW (ø3.0 x 3.7 m EGL) ball mill for the Mangazeisky Silver Project. This is the first of the long lead process equipment items bought by Silver Bear's Russian subsidiary, ZAO Prognoz, and represents an important step toward silver production in 2016.The mill has a nominal capacity of 110 kt/a, with spare capacity to increase throughput by 30% without loss in grind quality. The spare mill capacity mitigates the risk of a restricted production rate during periods in which particularly hard run of mine ore is processed. In line with Silver Bear's development strategy, the selected mill offers the opportunity to expand the process plant to accept additional ore feed from satellite deposits.The mill will be designed in Australia, manufactured in CITIC's Chinese works in Luoyang and imported via Vladivostok in time to be shipped to site on the 2015/16 winter road.Silver Bear has embarked on an aggressive project implementation program this summer and has already erected an 80 man dormitory, workshop and warehouse in the camp area on site. Preparation for the process plant foundation construction is underway and it is expected that the building footings and mill foundation will be complete before the end of the 2015 construction season.Silver Bear's CEO, Graham Hill commented: "We are excited to be moving the Mangazeisky Silver Project forward and ordering the ball mill, a key long-lead item, is a significant milestone in the projects development. At this time the accelerated construction and mine plan for the Vertikalny deposit is progressing well and we are confident that the Company is in the position to meet its target of commissioning silver production by the second half of 2016." continues here
This one shows that the amount of dirt moved by AR was similar to Q1.
Today ATY.v is trading at C$0.52, which is a drop of 34.2% since Lobito told us to buy first tranche.
Today BAR.to is trading at C$0.69, which is a drop of 57.9% since Lobito told us to buy first tranche (or take profits).
By the way, that shows you how another one of the Casey Research BS scams work. They'll pick a point in time to say "buy" if you're not in and "sell" if you are, then in the future one of those calls is neatly forgotten, thereby leaving you with an apparently winning trade call.
Today CTG.v is trading at C$0.395, which is a drop of 16.8% since Lobito told us to hold or put in a "stink bid", bless his heart for the use of that special Casey scamtalk. Anyway, not a big loss on this trade (yet), so let's congratulate Lobito for not wasting any of his subscribers' cash on this trade. They just waste it on his subscription fee instead.
Today KAM.v is trading at C$0.73, which is a drop of 14.1% since Lobito told us to buy first tranche. I suppose we should be thankful that Lobito only lost us 14.1% on this deal, unlike others such as the next one...
Today PLG.to is trading at C$0.51, which is a drop of 65.1% since Lobito told us to buy first tranche. Hey Lobito, why didn't you say "stink bid" on this one? You could have claimed a win that way...
Today REN.to is trading at C$0.20, which is a drop of 55.6% since Lobito told us to buy first tranche.
Today TGM.v is trading at C$0.225 which is a drop of 49.4% since Lobito told us to buy first tranche. Hey do you see a pattern emerging too?
Today AAU is trading at U$0.77, which is a drop of 45.0% since Lobito told us to buy first tranche.
Today CNL.to is trading at C$3.07, which is a drop of 12.3% since Lobito told us to buy first tranche.
Today KOR.to is trading at C$0.72, which is a drop of 48.9% since Lobito told us to buy first tranche. And seriously, if there's ever a stock that is made for suckers it's this one. I challenge you to find one geologist without the last name of Pontius who has a positive view towards this Bullfrog thing. Sadly Lobito isn't a geologist, he just pretends to be one by "kicking rocks".
Today DNG.to is trading at C$1.81, which is a drop of 3.7% since Lobito told us to buy first tranche. Damn, almost a winner there Lobito...good try.
Today GQC.v is trading at C$0.12, which is a drop of 62.5% since Lobito told us to hold it in your portfolio. This is of course the same GQC.v that Louis James reco'd at its very peak of $2 way back when anyone else with smarts was selling.
Today PG.to is trading at C$2.17 which is a drop of 26.4% since Lobito told us to buy first tranche under $2.50. so let's be fair and assume you didn't buy at $2.95, rather $2.50. Therefore you only lost 13.2%...which is basically a win, right? Right?
Today PVG is trading at U$5.31, which is a drop of 35.4% since Lobito told us to buy first tranche. He will of course claim that this is a winning trade for his flock, just like all the others.
Today RMC.v is trading at C$4.45, which is a drop of 26.9% since Lobito told us to buy first tranche.
Today RBY is trading at U$0.97, which is a drop of 34.0% since Lobito told us to buy first tranche. This is also the one Lobito used to pump people into the services of his new partner in scammery, Porter Stansberry. Birds of a feather.
VANCOUVER, BRITISH COLUMBIA, Jul 14, 2014 (Marketwired via COMTEX) -- Kaminak Gold Corporation (KAM) (the "Company") announces that it has entered into a subscription agreement (the "Subscription Agreements") with each of Ross Beaty and Zebra Holdings and Investments S.a.r.l., Luxembourg (a company owned by a Trust whose settlor was the late Adolf H. Lundin) (the "Purchasers") pursuant to which each of the Purchasers has agreed to make an investment of C$6,760,000, collectively C$13,520,000, into the Company by way of a non-brokered private placement (the "Private Placement"). Upon closing of the Private Placement, each of the Purchasers will own 9.98% of Kaminak's outstanding shares on a partially diluted basis assuming the exercise of Warrants (as defined below) acquired by such Purchaser. The Company's cash position will be approximately C$26.5 million following completion of the Private Placement (continues here)
"The Mine Permit, Aquifer Exemption and Radioactive Material License applications are in advanced stages of technical review and will be followed by the first Production Area Authorization application at Burke Hollow."
How Canaccord reacts when finding out the level of managerial ineptitude at Primero Mining (P.to) (PPP)
Answer: It doesn't care. Ridiculous.
Oh yeah, we rule.
This is what they wrote:
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 14, 2015) - Candente Gold Corp. (CDG.TO) ("Candente Gold" or the "Company") provides the following progress update on cyanide leach extraction testwork at McClelland Laboratories, Inc. in Sparks, Nevada for Candente Gold's Mexico Mine Tailings Recovery Operation ("MMTRO") located in El Oro, Mexico.
The initial testwork program focused on utilizing industry standard cyanide leach technology to assess the potential for extraction of gold and silver from representative samples collected from the Mexico Mine Tailings during the 2014 Auger Sampling program. A key aspect of the leach testwork program was to subject the tailings samples to additional grinding prior to leaching. Testwork completed by previous owners in the late 1980's suggested that additional grinding of the tailings had the potential to significantly improve precious metal recoveries. The cyanide leach extraction testwork program did not replicate satisfactory leach extraction figures from the late 1980's and therefore this aspect of the testwork has been discontinued.
The testwork program also included metallurgical and mineralogical characterization of the tailings, which has provided some insight as to the characterization of the gold and silver in the tailings. As a result additional testwork is planned to assess the potential of producing a gold-silver concentrate for toll treatment at an offsite processing facility.
Importantly, analysis has shown the Mexico Mine Tailings have a silica content of greater than 80%. The combination of high precious metals content and high silica content offers potential for the tailings to be sold to smelters for use as a smelter flux. Expressions of interest have been received and are being pursued. Smelting is a pyrometallurgical process that is utilized to recover metals from concentrates, and in addition it typically recovers a significant portion of the precious metals from the flux.
Evaluation work has also commenced on three additional Tailings deposits within the El Oro area, which Candente Gold has rights to under the same agreement as the Mexico Mines Tailings.
The Company continues to explore Expressions of Interest from groups to finance and/or enter into a joint venture for the MMRTO. The Company is pursuing these interests simultaneously with the leach testwork program.
And this is what it means:
*Amazingly, they exist. Don't ask me, I don't understand it, either.
PS: Pentaquarks, dude. Pentaquarks.
Otto's First Law of Mining News Releases: Considering that anything contained in a mining news release is presented in the best possible way for the company in question, any piece of information contained in a NR that comes across in any way negative means the real news and/or events behind it must be very, very bad indeed.
"PEM's import and export licences were suspended in May 2015 by the Mexican customs authorities..."
The story being given out — that somehow someone managed to dig a 1.5 Km tunnel (just under a mile) from outside Altaplano Prison into Chapo’s shower… UNDETECTED — is shall we say, an unprecedented opportunity for Mexicans to indulge in mordant humor?
Even His Excellency, Bishop Raúl Vera, has turned stand-up comic, suggesting the country build a monument to Chapo… who by his escape has shown the world how very corrupt both the penitentiary system and the “high echelons of power” are in this country.
It’s hard to believe, and it appears almost none of those who make their living following the narco-biz, do believe the official story. Under the jokes there is the sense that the “great escape” is the final straw in any belief that the present administration is competent to deal with national issues.
EDIT: Just read this from Krugman and this part...
"...it’s striking that the conventional wisdom here completely misreads the closest parallel, Argentina 2002. The usual narrative is completely wrong: de-dollarization did *not* cause economic collapse, but rather followed it, and recovery began quite soon."...is absolutely, totally, 100% correct. I'm sick to death listening to people tell me about what I went through in Argentina and getting it wrong. He's far from my favourite, especially on politics, but on this Krugman's right.