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Clifton Mining Company, A Gold Nugget Waiting To Be Discovered
Jan. 29, 2018 4:04 PM ET| There is an updated version
Summary
CFTN is a micro-cap stock (as of December 31, 2017 stock price was $0.10) that has a high probability of increasing in value to $0.68 in the near future.
Per observation on August 15, 2017 during a visit to the mine, Newmont Mining geologists were on the property with CFTN management. Newwmont may be interested in doing a deal.
Newmont Mining has many mining claims surrounding CFTN’s property;some of the claims border on CFTN’s property.
Based on a reputable consulting geologist’s estimate there are one billion ounces of silver on CFTN’s property. There are also unofficial estimates of between 1.5 million ounces and 4 million ounces of gold.
Introduction
On May 20, 2015 the author published a report on Clifton Mining Company (the “Company,” “CFTN,” or “Clifton”). That report, titled “Thar’s Gold (and Silver Too) in Them Thar Hills: Discover Clifton Mining Company,” was published in the PRO section of Seeking Alpha. Since the date of that publication there have been significant developments at CFTN, and the author has become aware of items not known to him at that date. This report is being written to update readers and to give the investing public more information regarding CFTN.
This current report will only cover CFTN’s property and the value of gold and silver on CFTN’s property. In a subsequent report recent mining operations and the details of the royalty agreement with Desert Hawk Gold Corp (“Desert Hawk”) will be presented. In addition, CFTN’s affiliate American Biotech Labs (“ABL”) and its medical products will be presented in yet a later report to be published.
Newmont Mining’s Claims Surrounding Clifton’s Property
Newmont Mining has staked approximately 1,500 claims which surround Clifton’s property. On August 15, 2017 during a visit to Clifton’s properties, it was observed that top geologists of Newmont Mining, together with Clifton Management, were visiting Clifton’s property. It was observed they were specifically visiting the Cane Springs section of Clifton’s property. They may also have visited other sections of the property.
Company Background and History
Clifton Mining Company (OTCPK:CFTN) is a natural resource company focused on the production of precious metals. With its headquarters in American Fork, Utah, it was founded in 1993. Clifton Mining Company's property contains both patented and lode claims, and the Company has a 250 tons/day production mill facility. It has a joint venture property located at the Utah-Nevada border with an area of 33 square miles. Its resource base is mainly confined to Clifton Shear Zones (sometimes referred to as Clifton Shear Veins), Mineral Deposits, Skarn Deposits, Bedded Replacement Deposits and Porphyry Deposits. The Company's major mineral deposits include silver, gold and lead. Some of its exploration sites show copper or copper-molybdenum and tungsten deposits. For a detailed description of CFTN and its 19.1% owned affiliate, ABL, see CFTN's webpage.
CFTN management has been very conservative in spending, which has resulted in CFTN having a very strong balance sheet with no debt. CFTN has no need to spend cash for exploration, and there is no cash burn for mining operations. Desert Hawk incurred all of the exploration costs and paid CFTN a royalty for minerals it extracted from CFTN's properties. CFTN has $460,716 cash, total assets of $3.3 million, and Shareholders' equity is $2.6 million as of December 31, 2016, the last date for which financial statements are available. Readers are invited to read CFTN's financial statements.
CFTN trades on the OTC. At market close on Friday, December 29, 2017 the shares were at $0.10.
Description of Mining Properties and Precious Metals in the Properties
I am not a geologist or mineralogist. What is presented in this section is the knowledge gleaned from being a shareholder of CFTN for the past 11 years. I have had many interviews with Bill Moeller, past Chairman of CFTN who passed away in 2015. I have attended the annual shareholder meetings. I have interviewed geologists and Ken Friedman, CFTN's President. Recently, I visited with Keith Moeller, an officer of CFTN, and learned a lot more about how the estimated amount of gold and silver in the various sections of CFTN’s property is computed. As a result, this report will more accurately state the quantities of estimated precious metals on the CFTN’s property and also state how these estimates are arrived at.
In July 2014, I visited the mining properties with Bill Moeller and was very impressed with the scale of the mining being done by Desert Hawk, and the very large heap leach Desert Hawk has constructed, from which it is collecting gold and silver. In a later report to be prepared in the near future, Desert Hawk and its mining of the Kiewit section, which is owned by CFTN, and the agreement between CFTN and Desert Hawk will be discussed.
The following description of the veins and deposits are directly from an entry in Wikipedia which is no longer available on line. The description corresponded closely, if not exactly, with what Bill Moeller described to me in my interviews with him and with the discussion I had with him during our tour of the mining properties. This description is also verified by the conversations I have had with geologists and what I have heard from management, and a University of Utah professor of mineralogy, who gave a presentation at one of the shareholders' meeting I attended. I feel confident that this description is substantially accurate.
The veins are a rich source of silver, lead and gold. The Shear Veins are unusal in the fact that they come right to the surface. This vein structure is visible for distances of up to 6,000 ft. Approximately 100 mine workings penetrate the shear veins and give access into the veins for distances of over 400 ft. The old workings are located on all sides of the Shear Vein section of the property at varying elevations, enabling the Company to show consistent silver, gold, and lead values throughout the shear vein system.
Two additional types of mineral deposits have been discovered within Clifton’s property boundaries, and there is strong evidence of a third. They are skarn deposits, bedded replacement deposits, and the probable third is a porphyry deposit.
The skarn system is a two-mile-long system with numerous surface exposures. Historical records in the area report some gold values associated with these skarns to be in the multiple-ounce gold category. Copper, which is also associated with the Clifton skarns, can exceed 10%. Samples taken within Clifton's skarn system have values in excess of 0.3 oz. /ton gold. Further drill work and sampling will be necessary to delineate exact boundaries and tonnage potentials; however, it is currently estimated that Clifton's skarn system may hold as much mineral value potential as the Shear Zones.
Clifton Mining has already discovered and assayed numerous Bedded replacement deposits within the Clifton claim block. The assay values associated with these deposits have typically been very high-grade. Assay work completed on the surface and within accessible mine workings, shows value ranges from 0.014 to 0.50 oz./ton gold, 8.0 to 50.0 oz./ton silver, 1 to 30% copper (Monocco bedding), and lead values from 7 to 34%. Current information shows average values within the bedded replacement deposits of approximately 0.04 oz. /ton gold, 12 oz. /ton silver, and 10% lead. The Clifton Cabin bedding, which was core drilled (see announcement 11/3/97), showed average values of 28.11 oz/ton silver, 17.6% lead, and 0.013 oz/ton gold.
There is also strong evidence that a large mineralized porphyry system intrudes the property from the east side, holding promise for a large deep-seated copper or copper-molybdenum deposit. It is expected that this porphyry deposit will be similar to the Ruth (Robinson) deposit, located only 70 miles south of Clifton's property.
When one reads the description of the property in Note 3 "Mineral Properties" contained in CFTN's Financial Statements, one would reach the conclusion there is not enough gold and silver to get really excited about. CFTN's management has chosen not to spend a large amount of money for drilling core samples, and therefore the extent of the depth of the veins and magnitude of the deposits of silver in the veins is not proven, and for that reason cannot be stated in the audited financial statements. Management has stated that CFTN would need to spend approximately $15 million to determine how deep the veins go and how many ounces of silver per ton are contained in the Clifton Shear Veins.
You will note that this report mostly discusses silver in the Clifton Shear Veins. There are also known deposits of silver, gold, tungsten, lead and other minerals at other locations on the property owned by CFTN. But it is the magnitude and the richness of the possible silver deposits in the Clifton Shear Veins that gets me excited.
Clifton Shear Veins Section of the Property
From discussions with Bill Moeller, I have learned that in the Clifton Shear Veins the known ounces per ton of silver range from 5 ounces to 25 ounces per ton with an average of 17 ounces per ton. This is a very rich deposit of silver. These measurements of ounces per ton come from what can be observed from the surface and from old mine workings. Bill Moeller was of the opinion there is a high probability that there are in excess of one billion ounces of silver in the Clifton Shear Veins.
A Behre Dolbert Report that was updated October 2000 by Robert Cameron Consulting shows a significantly different resource calculation. This report shows 901,597 measured ounces of silver and 3,905,133 of indicated ounces of silver (a total of 4,806,730 of measured and indicated ounces of silver). In the survey of the Shear Veins calculation, only 11 of the 38 identified shear veins were included in the resources calculations, and the calculated resource represented less than 10 percent of the potential of these veins. Robert Cameron Consulting states, “Most of the preliminary sampling on other veins indicates that these veins will most likely prove out with similar grade and thickness to those currently within the resource basis after the planned program of sampling and drilling has been completed.” Based on this report the projection of 166 million of measured and indicated ounces of silver is reasonable.
However, from what the geologist reported to CFTN’s management, this appears to be a mesothermal system. A general (maybe half the time) rule of thumb is that these are half as deep as they are long. The vein system stretches 1.5 miles in length, suggesting a potential depth of 3,000 feet. The estimates from the geologist were to a depth of 600' (from the top to the bottom of the mountain). Therefore, one would multiply the estimated 166 million ounces of silver by 5. This calculation gives a result of approximately 830 million ounces of silver.
In addition, it is plausible that there is a zone of enrichment around the water line, as water dripping down the veins may have dissolved some of the silver, which could then be redeposited at a greater depth. That could add an additional 20% to the 830 million ounces of silver resulting in approximately 1 billion ounces of silver. Bill Moeller always stated there were 1.1 billion ounces of silver. The 1.1 billion ounces of silver was the ‘possible resource’ category estimated by consulting geologist J. Randall Burke in an earlier (pre-Behre Dolbeart) report.
Kiewit Section of the Property
Desert Hawk constructed a heap leach and began mining on the Kiewit section of Clifton’s property in the spring of 2014. Unfortunately, due to the bankruptcy of Desert Hawk’s funding source (Platinum Partners), mining operations on the Kiewit section ceased in July 2017 However, Desert Hawk’s exploration of the section it was mining indicated 1 million ounces of gold and core samples to the north of the mining operations indicated the potential for at least 1 million more ounces of gold.
Cane Springs Section of the Property
It is estimated there are between 500,000 ounces of gold and 2 million ounces of gold in the Cane Springs section of Clifton’s property. This estimate is determined from pillars in ore shoots visible in previous mining operations on Cane Springs. The mining of the ore shoots was abandoned during World War II and came into possession of CFTN during the 1990s. One of these pillars shows the possibility of 7 ounces of gold per ton, a very high grade of ore.
Summary of Total Value of Precious Metals on Clifton’s Property
It is a bit difficult to value the total amount of precious metals on Clifton’s property because there have not been enough core drills made. However, it appears that in Clifton’s property there is a minimum of 166 million ounces of silver and a minimum of 1.5 million ounces of gold. Recent market prices, as of January 24, 2019, for silver at $17.57 per ounce and $1,358 per ounce for gold would result in the total value of silver and gold refined on the surface to be $4.95 billion. If there are 1 billion ounces of silver and 4 million ounces of gold on Clifton’s property, then the total value of silver and gold refined on the surface would be $23 billion.
This is why I get excited about CFTN, and why I have been a shareholder of CFTN stock for the past 11 years. I believe the market gives CFTN a value of $5.9 million because CFTN has not been discovered by the market. This market cap is based on 154,584 preferred shares outstanding (a preferred share is convertible into one share of common stock) plus 58,770,791 shares of common stock outstanding on December 31, 2016 (a total of 58,925,375 equivalent common shares) and a closing price of the common stock of $0.10 on December 29, 2017.
So far, I have only discussed 166 million ounces of silver estimated to exist in the Clifton Shear Veins, and the possible amount that exists there, i.e. one billion ounces of silver, and then there are the 1.5 million ounces of gold estimated to exist in the Kiewit section and Cane Springs section and the possible amount of 4 million ounces of gold in these two sections of the property. The values of the heap leach pad constructed by Desert Hawk, and CFTN’s ownership of ABL are worth far more than the $5.9 million current market value of CFTN/
Cessation of Desert Hawk’s Mining Operations and Current Status of Desert Hawk
In my next report, I will go into the particular points of the arrangement with Desert Hawk, and the recent mining operations and royalties received from Desert Hawk. In this present report suffice it to say that Desert Hawk is currently unable to continue its mining operations due to its inability to obtain necessary funding to continue such mining operations.
While Desert Hawk was operating, it reported concentrated sales of $1,224,892 for 2014, $3,275,457 for 2015 and $291,693 for the first three months of 2016, and there are no reports available after that date. Platinum Partners filed bankruptcy in October 2016, and as a result Desert Hawk has been unable to continue its mining operations due to lack of funding.
There are four possible outcomes related to Desert Hawk’s future operations:
Due to lack of funding Desert Hawk will be forced into bankruptcy and will no longer be able to mine at the Kiewit section. If this occurs, the heap leach pad that has been constructed and the ore on it will become the property of CFTN since it is real property on CFTN’s property and cannot be removed.
The receiver in charge of the Platinum Partners bankruptcy estate (“Bankruptcy Estate”) may fund Desert Hawk’s operations. The reason this may occur is the Bankruptcy Estate receiver believes there is sufficient gold in the Kiewit section to give a return to Platinum Partners’ creditors. If this outcome occurs then Desert Hawk would continue loading the heap leach pad, extracting gold and paying a royalty to CFTN. Read the filing of the Bankruptcy Estate receiver (page 27) dated April 28, 2017. To date there has been no further action by the Bankruptcy Estate receiver, and it is the author’s opinion this is unlikely to occur because of the significant investment required to restart mining operations
The Bankruptcy Estate receiver may decide to sell Desert Hawk to a large mining company such as Barrick Gold Corporation, Hecla Mining Company, or Coeur Mining Inc. (Formerly Coeur d’ Alene Mines Corporation). This outcome is highly unlikely because management of these mining companies would have to continually deal with the Bankruptcy Estate receiver which would limit their ability to mine with good business judgment.
Desert Hawk could negotiate a settlement with the Bankruptcy Estate receiver in which it would receive forgiveness of the debt owed for a nominal payment of the debt, and the Bankruptcy Estate receiver would release Desert Hawk of any future obligation to the Bankruptcy Estate.
The Bankruptcy Estate receiver may well agree to such a settlement because he would rather have some repayment of the some of debt rather than risk Desert Hawk’s going bankrupt, and the Bankruptcy Estate receiving nothing. This outcome would allow Desert Hawk to obtain new financing or to be sold to a large mining company without the encumbrances of the Bankruptcy Estate.
The Heap Leach Pad on Clifton’s Property
The heap leach pad on CFTN’s property (constructed by Desert Hawk during its mining operations) is approximately 20 acres. Loading the heap leach pad, particularly one as large as the one on the Kiewit, takes time. This is done by covering the pad with ore and then laying pipe over the ore to apply the cyanide solution. After the first layer of ore is laid down a second layer of ore is laid down, then more pipe is laid down. As one can see from the above reported revenues, the more layers laid down and the more time the solution is applied, the higher the revenue stream from the pad.
Heap leaches are an interesting way of extracting precious minerals from low grade mined ore. A heap leach continues to produce for several years even after no more ore is added to it. The expected productive life of the Kiewit heap leach is more than 10 years. For a more detailed description of the heap leach process, please visit CFTN's webpage and Desert Hawk's Form 10-K and Desert Hawk’s mining video found on YouTube. One might ask; why so much time and space is spent explaining the heap leach built by Desert Hawk, when Desert Hawk is not expected to continue? The answer is to demonstrate the excellent mining done by Desert Hawk and to show what Desert Hawk’s successor will inherit. The heap leach is in place. There is ore on it, and there will not be a need to expend large sums of money to get back into mining. The successor can simply continue to mine where Desert Hawk left off.
Conclusion
When we consider Newmont Mining’s interest in doing a deal with CNTN, and an operating heap leach in place, and the $7.5 million estimated value of CFTN’s investment in ABL, CFTN could easily have a current market cap of $40 million versus its current market cap of only $5.9 million. This would equate to a per share amount of $0.68 instead of the current share value of $0.10 per share. If the market discovers CFTN in the next few months, which I believe it will, CFTN could easily result in an investor increasing his money by 7 times in a very short period of time. The $40 million value is computed without any recognition of the possible one billion ounces of silver in the Clifton Shear Veins or the possible 4 million ounces of gold in the Cane Springs section and the Kiewit section.
In my mind, CFTN could easily be valued at $300 million. Some have told me that figure is too low, but I am a conservative old accountant and will use this lower value. This $300 million valuation is based on the assumption there are one billion ounces of silver in the Clifton Shear Veins (there is strong evidence there is that much silver), there are between 500,000 ounces of gold and 2 million ounces of gold in the Cane Springs section, and there are between 1 million and 2 million ounces of gold in the Kiewit section. The value of 166 million ounces of silver refined on the surface is $2.9 billion at a current price of $17.57 per ounce for silver, while the value of 1 billion ounces of silver would be $17.6 billion. The value of 1.5 million ounces of gold refined on the surface is $2 billion at a current price of gold at $1,358, while the value of 4 million ounces of gold would be $5.4 billion. In addition, there is the $7.5 million value of ABL that is not recognized by the market. Using the $300 million valuation, CFTN's shares are extremely under priced and could easily be priced at $5.09. With no heap leach in place, and no revenues or operating profit, CFTN was valued at $2.55 per share on February 1, 2004.
Disclosure: I am/we are long CFTN.
Additional disclosure: I have owned CFTN for 11 years. I am currently acquiring shares at these low prices and will probably continue to acquire shares.
Additionally:
per the lease agreement with desert hawk, Clifton is to recie4ve a net smelter royalty from 2-15 %. 8 % at current prices and if silver goes over 25 bucks the nsr increases to 15%.
On paper, desert hawk appears near bankrupt, however DMRJ group has invested 15 million which consists of 67% of desert hawk stock. Unlikely to walk away now.
Revenues to Clifton should be 1.4 million based upon 20,000 gold ounces produced at 1200 x oz.
CFTN also owns 19.7 % of ABL AMERICAN BIOTECH LABS, a manufacturer of health care products using nano silver technology valued at approximately 10.2 million
Arianne Phosphate (.4601) developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants (Feasibility Study released in 2013). The Company has 105,803,943 million shares outstanding.
2018 saw approval for a maritime facility on the north shore of the Saguenay River which, will allow for global shipping of our product.
In April 2018, the Company announced that it received a grant of $1.5 million from the Ministry of Energy and Natural Resources of Quebec. This funding has been provided as part of the Government’s plan to help advance the Quebec phosphate (apatite) sector
In 2018, Arianne was able to conclude two offtake agreements that, not only demonstrate commercial interest in our product but, at premium prices that account for the high-quality nature of our concentrate.
Website: www.arianne-inc.com/en/
TSX: https://web.tmxmoney.com/quote.php?qm_symbol=dan
Pinksheets: https://www.otcmarkets.com/stock/DRRSF/overview
IHUB: https://investorshub.advfn.com/Arianne-Phosphate-Inc-DRRSF-21004/
SWYDF Stornoway Diamond Corp (.02) - Montreal based diamond producer operating the fully-owned Renard Mine, located in Quebec, Canada.
1,324,123 carats of diamonds recovered in 2018
"2,328,300 tonnes of ore were processed with a diamond recovery of 1,324,123 carats at an attributable grade of 57 cpht, compared to a revised guidance of 2.35 to 2.40 million tonnes processed and 1.35 to 1.40 million carats recovered at an attributable grade of 54 to 56 cpht."
http://www.stornowaydiamonds.com/English/investors/news-releases/press-release-details/2019/Stornoway-Reports-Fourth-Quarter-and-2018-Financial-Results/default.aspx
Transition from open pit to underground mining has negatively impacted production as reflected in the revised guidance above. Chart looks brutal. It may have overshot to the downside. Catching 'em on a down day at this point could be good.
Website: http://www.stornowaydiamonds.com/home/default.aspx
TSX: https://web.tmxmoney.com/company.php?qm_symbol=SWY
Pinksheets: https://www.otcmarkets.com/stock/SWYDF/overview
IHUB: https://investorshub.advfn.com/stornoway-SWYDF-SWY-32243/
.
General Manager - Process Manager - Site Maintenance and Crushing Manager
Chief Mine Geologist
Senior Engineer
Exploration Geologist
Chief Metallurgist
Electrical and Instrumentation Supervisor
b]TGB - Taseko Mines (.51) Copper/Moly producer, operator of the Gibraltar Mine, the second largest open pit copper-molybdenum mine in Canada.
Q1 - 2019 - Total production at b]Gibraltar (100%) for the first quarter was 24.9 million pounds of copper and 738 thousand pounds of Molybdenum concentrate.
i]The Florence Copper Project, Aley Niobium Project, the Yellowhead Copper Project, and Harmony Gold Project provide Taseko with a diverse project pipeline (see below).
b]u]Florence Copper Project ~ The Production Test Facility (“PTF”) commenced in the fourth quarter of 2018. During the first quarter of 2019, concentrations of copper in the leach solution increased to levels which allowed the SX/EW plant to begin operation, and on b]April 12th the Company announced that the SX/EW plant was producing first copper.
Successful operation of the in-situ leaching process will allow permits to be amended for full scale commercial operation, which is expected to produce b]85 million pounds of copper cathode annually for 20 years. The permit amendment process has started and it is anticipated that construction of the commercial scale operation could be commenced in the b]first half of 2020.
A first harvest of 3,700 pounds of copper cathode (32 sheets x 117 pounds), was made at the Florence Copper Project. The copper cathode has been assayed at higher than 99.9% copper by Minerals Technology, LLC, an independent laboratory.
b]u]New Prosperity Gold/Copper Project ~ “The New Prosperity deposit is rare, the largest undeveloped copper-gold deposit in Canada and easily among the top 15 in the world. The court dismissed the Tsilhqot’in First Nation application to appeal an earlier judgement by the BC Supreme Court and by the British Columbia Court of Appeal. The law has been tested at the highest levels, the legal challenges are over, the permit is sound, the work can and will proceed.
b]u]The Aley Niobium Project, Environmental monitoring on the project continues and product marketing initiatives are underway. A drill program was completed in the third quarter of 2018 to collect samples for further metallurgical testing. Aley project expenditures were $0.1 million in the first quarter of 2019.
b]Website: http://www.tasekomines.com/home
b]Pinksheets: http://www.otcmarkets.com/stock/TGB/quote
b]IHUB: http://investorshub.advfn.com/Taseko-Mines-Ltd-TGB-5300/
chart]stockcharts.com/c-sc/sc?s=TGB&p=D&yr=1&mn=0&dy=0&i=p89394420057&r=1391193136866[/chart]
NHVCF Northern Vertex Mining (.1285) Focused on the heap leach, open pit Moss Mine Gold-Silver Project located in NW Arizona.
Feasibility Study Completed
Preliminary Economic Assessment completed
Commercial production initiated in 2018
Production Guidance:
2019 ~ 36,000 to 40,000oz Gold EQ.
2020 ~ 59,000 to 65,000oz Gold EQ
Website: http://www.northernvertex.com/s/Home.asp
TSX as NEE: http://web.tmxmoney.com/quote.php?qm_symbol=NEE
Pinksheets: http://www.otcmarkets.com/stock/NHVCF/quote
IHUB: http://investorshub.advfn.com/Northern-Vertex-Mining-NHVCF-25383/
They just updated Investor Fact Sheet and Corporate Presentation MAY 2019
They just added new General Manager plus:
Process Manager
Site Maintenance and Crushing Manager
Chief Mine Geologist
Senior Engineer
Exploration Geologist
Chief Metallurgist
Electrical and Instrumentation Supervisor
Excellent resumes all.
These guys seem to do everything right, not the least of which is putting out at least one PR every month.
Listed on the NASDAQ INTL: NHVCF
Sounds like the bugs have been worked out, and they're poised for a good run.
GOLD RESOURCE CORPORATION http://www.goldresourcecorp.com/
May 28, 2019 – Gold Resource Corporation (NYSE American: GORO) is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.
Declares its monthly instituted dividend of 1/6 of a cent per common share for May 2019 payable on June 24, 2019 to shareholders of record as of June 11, NYSE American: GORO 4-17-19
Preliminary first quarter production from the Company’s Oaxaca Mining Unit totaled approximately 6,538 ounces of gold, 364,653 ounces of silver, 433 tonnes of copper, 2,153 tonnes of lead and 5,838 tonnes of zinc.
The Company maintains its 2019 Oaxaca Mining Unit Annual Outlook of:
Gold 27,000 ounces
Silver 1,700,000 ounces
Copper 1,652 tons
Lead 7,280 tons
Zinc 19,808 tons
The Company expects its Nevada Mining Unit to produce its first gold from the Isabella Pearl mine in the second quarter of 2019.
6-10-19 2.76
Plenty of minerals to be mined already located.
With hard honest work it Will succeed.
Exciting times to be mining in USA.
I have found some good sites for buying small hard rock mining equipment..
http://www.gold-mill.com/
http://www.goldlands.com/
http://www.globalminingequipment.com/
I'd say that proves the family connection all right. Wife born the year you graduated from High school? Way to go Dude! That'll keep a guy young !
Excellent video, thank you $UPERMAN. The 8K commercial is a little steep for my blood, but the TDI SL's seem to be going for a little over a thousand bucks which is doable.
I'm also kicking around the idea of a camper van, although the damn cancer makes any kind of major purchase like that more "iffy." It sure changes the way you have to think about things.
That sure was nice what you said on the "big board" and I want you to know I feel the same way about you. You have been a tremendous friend and ally through thick and thin when friends and allies were scarce to be found. You are a class act my friend.
Comically speaking, the little $20 metal detector I bought at the garage sale was a White's ... probably original issue LoL!
BTW - did you know that Stinky_pinky is Muaythai's son? Took me a while to hear about that connection. Be well my friend!
LoL! Loved the "moon shot" too! Just waiting for IHUB to take it down. The c essers been busy deleting a bunch of my comments already.
Speaking of Prayers, seems they DO get answered...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130850673
$UPERMAN - I'm so sorry to hear of your loss. 62 is way too young to lose anybody. Prayers for you and your family my friend. Be well.
I hope so! I'm not big on the TA stuff. I think the bad guys use it to strategically wrong foot the hedgies. Hope you can make it work for you though. Every buck we can take off the cartel is one they don't get for their disgusting selves !
If investors would concentrate on buying physical metal the problem would be solved in 6 months.
ETF's, Futures contracts, derivatives, and even shares in the miners themselves are all decoys, meant to dilute and deflect the full impact of the demand side of the equation.
The same organized criminals interfering with true price discovery in gold and silver are (supposedly) "making a market" for and front running every trade in every one of the decoys mentioned above, and can whipsaw the market at will.
Physical Metals are the Achilles Heel of the seemingly almighty cartel.
They have to have enough physical on hand to satisfy those who cannot be bought off with dollars.
When the inevitable physical default occurs, the abuse is over.
To bring the crooks to their knees, eliminate the supply. Buy Physical
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Pro-Life 12/05/16 great post - IT’S OVER. Jim Sinclair (markets completely explained, LISTEN)http://www.silverdoctors.com/gold/gold-news/its-over-we-killed-capitalism-jim-sinclair/
ConferredDiligence's excellent 11/22/16 post - Understanding Elections, Gold & The US Dollar Via Market Manipulation http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126750476
Giovanni's 07/18/16 primo post regarding the mass media outlets all owned by 6 corporations. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123945239
It's a CHAMPION'S STAR, representing Michael's World Championship win in 2014. Last night was the very first time Michael has worn the STAR on his shirt and flights.
Adrian Lewis has his two World Championship wins represented by stars on his sleeves, Gary Anderson has his two World Championship wins represented on the back of his shirt with two stars, Phil Taylor has 16 stars representing his 16 World Championships on his sleeves (4 in front, for in back both arms) and Raymond Van Barneveld represents his 5 World Championships in a pin, usually circular. Jelle Klassen represents his World Championship win on the back of his collar in the middle.
There's no hard fast rule to it, and not all Champions elect to wear the STAR (Steve Beaton for example). It's a mark of prestige for Champions!
* Women's Top 10 Rankings
Rank * Country * Player * Points
1 England - Deta Hedman 2022
2 Netherlands - Aileen de Graaf 1242
3 England - Fallon Sherrock 1186
4 Russia - Anastasia Dobromyslova 880
5 Australia - Corrine Hammond 680
6 England - Rachel Brooks 644
7 England - Lorraine Winstanley 583
8 Netherlands - Anca Zijlstra 545
9 Denmark - Ann-Louise Peters 520
10 England - Casey Gallagher 500
* As of 8 December 2015
https://en.wikipedia.org/wiki/World_Darts_Federation
The Professional Darts Corporation adopted an Order of Merit system in 2007, which is based on prize money won over two years for the main Order of Merit with a separate one-year ranking list for PDC ProTour events also in operation.
The PDC Order of Merit below is correct at April 10 2016 following the Players Championship events in Barnsley.
PDC Order of Merit (as at April 10 2016)
Pos Name - Prize Money
1 Gerwen, Michael van £1,177,250
2 Anderson, Gary £873,500
3 Taylor, Phil £488,500
4 Lewis, Adrian £454,750
5 Wright, Peter £403,500
6 Wade, James £351,500
7 Thornton, Robert £321,000
8 Smith, Michael £300,750
9 Barneveld, Raymond van £254,750
10 Klaasen, Jelle £250,250
11 Chisnall, Dave £244,000
12 White, Ian £232,250
13 Bunting, Stephen £226,750
14 Huybrechts, Kim £223,000
15 Voort, Vincent van der £217,250
16 Jenkins, Terry £215,500
17 Whitlock, Simon £200,250
18 King, Mervyn £194,000
19 Suljovic, Mensur £180,500
20 Pas, Benito van de £175,500
21 Dolan, Brendan £160,750
22 Pipe, Justin £154,250
23 Caven, Jamie £139,500
24 Webster, Mark £134,750
25 Beaton, Steve £128,250
26 Gilding, Andrew £115,500
27 Price, Gerwyn £108,750
28 Gurney, Daryl £105,500
29 Hamilton, Andy £102,250
30 Norris, Alan £97,250
31 Lewis, Jamie £95,250
31 Henderson, John £95,250
http://www.pdc.tv/pdc-order-of-merit
1st “Jammin” Jeff Meinke 2nd “The Conqueror” William Walker 3rd Don “Big Thirst” Durst 4th Georg “Dynamite” Deller 5th “The Machete” Mia Peirce
10 shooters arrived to make up one magnificent super-flight in an 18 game extravaganza at the last Saturday Night (A+L) Shoot! “Jammin Jeff Meinke again took top honors, although “Big Thirst” Durst broke his unbeaten streak. William “The Conqueror” Walker made a much anticipated return to the oche and “The Machete” Mia Peirce once again proved her mettle hacking her way into money against a tough field.
Honorable Mention: “Colonel Bob” Robert Wright, “Karate Kid” Kathy Collins, “The Professor” Niles Lehman, Christi Shepherd AKA Christi “The Good” Shepherd and “Piranha” Paul Fromm
4-2-16 The “Dirty Dozen” battled their way through two flights of 6 at the last Saturday Night (A+L) Shoot! Everybody got to play a minimum of 10 games to sharpen their skills. Flight play was concluded by around 11 pm, with Finals done by 11:45
Red Flight - 10 games
“Jammin” Jeff Meinke - Ran the table with 10 wins to garner – 1st in flight
“Piranha” Paul Fromm. – Won 7 of 10 to nail down - 2nd Place in flight
“The Machete” Mia Peirce hacked and slashed her way into another 3rd in flight payout !
Honorable Mention: Andi Power Drips, Dustin Long, and John C a new shooter with promise!
Black Flight 10 games
Steven Brown (TAZ) – An unblemished 10 wins to take 1st in flight
“Rowdy” Roger Crystal – 7 – 2nd place in flight after thrilling Cricket black out win by 1 bull
Georg “Dynamite” Deller – 7 – 3rd place in flight payout
Honorable Mention: Don “Big Thirst” Durst, “The Gladiator” Gabe Schimpf, and “Laser” Lori Crystal
Final order of finish
1. “Jammin” Jeff Meinke - undefeated on the night!
2. Steven Brown (TAZ)
3.+4. “Rowdy” Roger Chrystal and “Pirahna” Paul Fromm
And the Patron of D’arts is …
I remember the days when there was a Patron Saint for just about everything. The Patron Saint for Charity was St. Vincent de Paul. The Patron Saint for Travelers was St. Christopher, at least prior to getting Pluto-ed from The List of Saints in 1969 when Pope Paul VI revised the canon of saints.
Could there be a Patron Saint of Darts, whose celestial intercessions might be purposefully sought out by Tungsten Pilgrims seeking spiritual advantage?
Since our sport is likely an extension of the knightly disciplines of archery and the short spear, our saintly candidate should by extension likely be an athlete, a soldier, perhaps a strategist, even a mystic.
I looked to the Wikipedia List of Patron Saints by Occupation and Activity for guidance. https://en.wikipedia.org/wiki/List_of_patron_saints_by_occupation_and_activity
The top 4 candidates on the men’s side boiled down to:
1. St. Adrian of Nicomedia – Patron of arms dealers, butchers, and soldiers.
2. St Ignatius of Loyola - Patron of Soldiers, and Educators.
3. St Christopher - Patron of Travelers , mariners, and athletes
4. St George – Patron of Archers, Armourers, cavalry, crusaders, and Knights
The Top 4 candidates on the Women’s side was:
1. St Ursula – Patron of archers, orphans, students
2. St Rose of Lima - Patron of embroiderers, and gardeners
3. St Barbara – Patron of artillerymen, military engineers, and firemen
4. St Joan of Arc – Patron of Soldiers
St Jude – Patron of Lost Causes served as the first alternate.
In the Men’s first round, St Ignatius gave St Adrian a 7-1 hiding to advance to the second round.
St George and St Christopher battled to a last game decider, where St George prevailed 7-6 to advance.
The Women’s first round saw St Ursula whitewash an overmatched St Rose of Lima 5-0 while
St Joan of Arc stole St Barbara’s thunder in a 5-2 sleeper.
The Men’s final saw St George outlast a game St Ignatius 7-5 while St Joan overpowered St Ursula 5-3 on the women’s side.
Congratulations to St. George and St Joan of Ark – The reigning Men’s and Women’s patron Saints of darts!
Board Library - * *
1.Metals Quotes * Pinksheets * TSX * Stockcharts * Google * M+M Board * Maps * Weather * World Time * Yahoo * TDA * Facebook
2.Goldseek * Mining.com * Goldreview * 321 Gold * Kitco * Silverdoctors * Zerohedge * Kingworldnews * JS Mineset * SGTreport
3.IHUB Mining Boards * Bullshit Generator * LanguageTranslator * MorseCodeTranslator * Animated Emoticons Library
Emoticons (Just add the minus - between the colon and the parenthesis): happy :) = , sad :( = , winking ;) = , big grin :D =
AdBlock - https://adblockplus.org/ - Blocks at least some of the irritating IHUB pop-ups. Confirmed to work.
*
George Carlin on Bankers
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
Spock: “It would be illogical to assume that all conditions remain stable.” * (special thanks to 123tom)
Website:
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Dogpile * Ask.com * HTTP Version: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113713140
5-15-15 Streamer List Screenshot: (free) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113684332
5-15-15-Streamer List http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=15977&srchyr=2015&SearchStr=xxx
>>>>>>>>>>> PICTURE OF THE DAY: <<<<<<<<<<< - (!) - ******* CENTERFOLD OF THE DAY *******
========= THOUGHT FOR THE DAY ========= -(!)- Twain * Carlin * Voltaire * Gandhi * W. Rogers * Franklin * Confucius
Special Thanks to JD400
V15
Requiem for the Soft Tipper
It all started December 11th, 2015 when Randy Slipher posted that Soft Tipper had lost their lease with everything now half price - …. Or did it?
Imperfect memories from the Camelot that was Portland Darts in the 80’s began to resurface. The Doors Open … The Norseman … Islands in the Stream …
Little John introduced me to Soft Tipper Darts in 1983. He was a real promoter for darts, always helping people out. He was a nice guy, doing what nice guys do.
Chris always treated us right too. When I bought my 1st “duplicate” set of darts, Chris didn’t charge me for the shafts since I was going to change them anyway. She didn’t have to do that, but that’s something nice people do.
When I purchased my close out sale ½ price dart board a couple weeks ago, “other” John beat me to the door to help me out to the car. It was instinctive. He’s a nice guy and he did it because – That’s what nice guys do.
Lastly, about the same time, Demetria remembered that a boxed set of hammer head darts I’d purchased only had 2 darts in it, and she saved the 3rd one for me. Even with all the stress of those last hectic days she remembered, - because that’s what nice people do.
My fourth and final inventory purchase on Monday the 28th guaranteed I’ll never need to buy another dart part as long as I live. That’s no small comfort considering the Soft Tipper won’t be there anymore to keep it easy.
That last cold rainy December day completed the scene. Closure - in an Elanore Rigby sort of way. The Soft Tipper by now was stripped bare, looking more like a crime scene without the police tape, than the last bridge to an era that touched every dart player in Portland over the last 38 years.
Joni Mitchell once said: Don’t it always seem to go, that you don’t know what you got ‘till it’s gone...
The Soft Tipper was an enigma. A hands on store in a digital age. Like Loch Ness “Nessie” – The Soft Tipper was a dinosaur that should have gone extinct long ago but somehow didn’t - until now.
Soft Tipper Darts 1977 - 2015
......................................................................
"... the illegal activities of those whom do harm to us ..." Is our own government. The blatant perversions in the market place could not continue week after week, month after month, and year after year, without complicity at several levels. The incestuous revolving door of between the regulators and those they purport to regulate has resulted in regulatory capture of worst case proportions. Criminality has become systemic. It's easier to collude than to compete.
Changing the rules of the game has resulted in what SHOULD be criminal behavior now described as "inactionable." Can't be prosecuted. That doesn't mean the criminal behavior isn't "wrong." Doesn't mean people, companies, and governments haven't been damaged as a result. It just turns criminal behavior into "inactionable" behavior.
That's how we get the "EXCHANGE STABILIZATION FUND" and the "non actionable" - can't be prosecuted behavior that allows government interference in the normal functioning of the markets with impunity.
If the public knew the extent of the interference, ... and by whom, ... governments would fall.
Something like this...
The Tungsten Technicians were at it again in this weeks edition of The Friday Night Shoot. The cork won 11 out of 14 to secure a 2nd place finish. The 1st place winner won 13 out of 14 matches (his only loss was one to me) and was spectacular on the night with a magnificent 177 (T20 T20 T19) for the night's top scoring highlight.
Brought to you by AJPM http://www.ajpm.com/
Let's be clear. powell says the fed is prepared to raise rates "... as long as the economy performs as expected... "
What a disingenuous LIAR. If the economy "performed as expected" we wouldn't have next to zero interest rates (for how many years now?).
If the market performed as expected, they wouldn't have to doctor the REAL story about inflation, unemployment, housing, consumption, production, all the rest of the props and window dressing used to give the allusion of normalcy.
Just because you put a nativity scene in the yard and put up a tree, that doesn't make it Christmas in June.
The justice department doesn't give a chit, the sec doesn't give a chit, the cftc doesn't give a chit, and the bought and paid for political figureheads don't give a chit.
NOBODY gives a chit about us. Every safeguard that is supposed to protect the public from the predations of these miserable SOB's has been subverted, diverted, and perverted. The media and presstitutes are little more than obedient lapdogs wagging their crippled tails and obediently barking back the party line.
They all SOLD US OUT and it's time for some PAY BACK.
FRAUD = TREASON - GET A ROPE
Let's be clear, the criminal bastards knew EXACTLY what they were doing. This wasn't some quaint bearded backwoods ceremony dating back to yesteryear. They used the full pallet of technology to manipulate prices and orders to their exclusive advantage knowing fully well they were breaking the law.
The media granting the imprimatur of legitimacy to what is obviously a lie makes them criminally complicit.
CRIMINALLY COMPLICIT with the fed, wall street, the sec, the cftc, the justice department and every other so called "safety net" that was supposed to protect the people from the predations of these criminals. They all sold us out. It's time for some pay back.
FRAUD = TREASON - GET A ROPE
Garabaldi et al http://auldnotes2010
Virgin Metals VGMTF .0694
http://www.virginmetals.com/
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=VGMTF#getQuote
Los Verdes Project - Gold values from .02 to 3.16g/t with average grade of .0529g/t from grab samples
http://www.virginmetals.com/090720%20Virgin%20Metals%20Inc.%20Gold%20Discovery%20at%20Los%20Verdes.pdf
Cuatro Hermanos Project
Agnico Eagle AEM 54.22
http://www.agnico-eagle.com/
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=AEM#getQuote
Pinos Altos Project - Gold and Silver. 2.7 grams per ton gold and 74.6 grams per ton Silver. Heap leach and mill. Considering increasing mill throughput to 6,000 tons per day.
Alamos Gold AGIGF 11.51
http://www.alamosgold.com/
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=AGIGF#getQuote
Mulatos Project - Heap leach and 13,000-15,000 ton per day throughput crusher. Plans to build own mill, however currently a 5% smelter return royalty paid to Royal Gold
Gammon (Lakes) Gold GRS 9.24
http://www.gammongold.com/ocampo.php
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=GRS#getQuote
Ocampo Project - Over 12,000 hectares. Both open pit and underground mine with milling and crushing/ heap leach processing facilities.
Paramount Gold PZG 1.67
http://www.paramountgold.com/projects/san_miguel_overview.asp
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=PZG#getQuote
San Miguel Project - Paramount controls over 100,000 hectares in the Sierra Madre. San Miguel project is serviced by a 33,000 volt power line, as well as rail and road access. NI 43-101 compliant gold resource estimated at 2.645 million ounces
Kimber Resources KBX 1.02
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=KBX#getQuote
Monteverde Project
Mag Silver MVG 5.40
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=MVG#getQuote
Batovilas Project
Glamis Gold now Gold Corp. GG 35.51
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=gg#getQuote
El Sauzal Project
Palmerejo Gold and Silver - Privately held
http://www.bnamericas.com/factfile_detail.jsp?idioma=I&documento=18605
Trogan Project
Exmin's Moris Mine - Exmin acquired by Diabras Exploration 9-30-09
http://www.diabras.com/en/index.php
http://findarticles.com/p/articles/mi_pwwi/is_200607/ai_n16536938/
Silver chart codes:
chart]stockcharts.com/c-sc/sc?s=AG&p=D&yr=1&mn=0&dy=0&i=p99358002647&r=1429670813417[/chart] chart]stockcharts.com/c-sc/sc?s=ASM&p=D&yr=1&mn=0&dy=0&i=p00252546086&r=1429671077785[/chart] chart]stockcharts.com/c-sc/sc?s=CDE&p=D&yr=1&mn=0&dy=0&i=p34015720739&r=1429671173928[/chart] chart]stockcharts.com/c-sc/sc?s=GPL&p=D&yr=1&mn=0&dy=0&i=p01618326015&r=1429671309272[/chart]
chart]stockcharts.com/c-sc/sc?s=HL&p=D&yr=1&mn=0&dy=0&i=p68177109034&r=1429671393712[/chart] chart]stockcharts.com/c-sc/sc?s=SVLC&p=D&yr=1&mn=0&dy=0&i=p24358697830&r=1429672003519[/chart] ... etc.
xxx
Internet sites for daily monitoring of PM's:
(special thanks to4Godnwv)
http://www.321gold.com
http://www.thebulliondesk.com/
http://www.capitalupdates.com
http://www.marketwatch.com
http://www.financialsense.com
http://www.galmarley.com/
http://www.gold-eagle.com/
http://www.GoldSeek.com/
http://www.howestreet.com
http://www.investmentrarities.com
http://www.jsmineset.com
http://www.kitco.com/
http://www.mineralstox.com
http://www.mineweb.com/
http://www.mining-technology.com
http://www.moneyfiles.org/
http://www.sharelynx.com/
http://www.sharelynx.com/chartstemp/historical.php
http://www.silver-investor.com
http://www.SilverSeek.com
http://www.usagold.com/
Emoticon lists, courtesy Newly2b given to me (Renee) years ago:
https://messenger.yahoo.com/features/emoticons
https://messenger.yahoo.com/features/hiddenemoticons
>>>>>>>>>> PICTURE OF THE DAY: <<<<<<<<<<
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