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U.S. Silver & Gold Inc. announces agreement to replace existing debt
08/08/2013
TORONTO, Aug. 8, 2013 /CNW/ -
U.S. Silver & Gold Inc.
(TSX: USA, OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") has
replaced the previously announced extension on its existing US $7.9
million senior secured credit facility with Hale Capital Partners.
http://www.us-silver.com/News-and-Events/News-Releases/News-Release-Details/2013/US-Silver--Gold-Inc-announces-agreement-to-replace-existing-debt/default.aspx
The Company has signed a credit agreement with Royal Capital Management Corporation as security agent, and certain lenders for the issuance of CDN $8.5 million notes (the "Notes") with a three-year term. The Notes carry a comparable annual interest rate of 12%, payable monthly, and are secured by a first charge on all material assets of the Company. Beginning two years following the date of issue, the Notes will be redeemed in monthly increments of $500,000 with the balance due and payable on maturity. The debt may be repaid at any time during the three-year term, subject to a repayment fee. In connection with closing the transaction, the Company will issue 10,625,000 warrants. Each warrant allows the holder to purchase one of the Company's common shares for a five-year term, and will be issued with an exercise price of $0.68, subject to downward adjustment in certain circumstances.
Unlike the previously announced term sheet with Hale Capital
Partners, this new credit agreement does not require the Company to
pay a net smelter return royalty.
The Company will further update the market on the new credit
agreement during its second quarter conference call on Tuesday,
August 13th, 2013 at 4:30 pm Eastern Standard Time.
http://www.us-silver.com/Investors/Presentations/default.aspx
http://www.us-silver.com/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90303876
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90303876
God Bless
Water Powered Car Unveiled: Yes It’s Real -
http://beforeitsnews.com/alternative/2013/07/water-powered-car-unveiled-yes-its-real-2723722.html
JAPANESE COMPANY UNVEILS WATER POWERED CAR
A Japanese company called Genepax unveiled their water powered car
in 2008 in Osaka, Japan(1).
It doesn’t matter if it’s tap, bottled, or lake water, any type of
water can make this car run. An energy generator splits the water
molecules to produce hydrogen and this is used to power the car.
They use a membrane electrode assembly (MEA) to split the Hydrogen
from the Oxygen through a chemical reaction.
The cell needs only water and air, eliminating the need for a
hydrogen reformer and high pressure hydrogen tank.
Genepax
Futuristic Car running on water GenePax -
http://www.youtube.com/watch?v=9JTEUpRdKFY
Lets see $50 on this run...PLEASE
Silver - Continuous Contract Spot Price (EOD
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87867796
rituals of the 666 banksters put the kids to be -
http://www.thedevilsminer.com/index_new.html
God Bless
Silver - Spot Price (EOD) ($SILVER
Silver - Continuous Contract (EOD -
http://www.biblebelievers.org.au/monie.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87867075
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87366034
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87255432
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86981008
God Bless
Gold & Silver Index Stocks bottom line - Early Oversold Buy Opportunity -
World Changing Events & The Global Run On Gold And Silver
Tuesday, April 30, 2013 17:32
http://beforeitsnews.com/economy/2013/04/world-changing-events-the-global-run-on-gold-and-silver-2515812.html
2 days ago – We also found out that inventories of gold and silver
are dropping ... to some sort of resolution with the potential for
world changing events.
XAU Index to Price of Gold Ratio ($XAU:$SILVER)
HK gold retailers overwhelmed by mainland shoppersUpdated:
2013-05-02 05:00 By Gao Changxin In Hong Kong ( China Daily)
http://www.chinadaily.com.cn/cndy/2013-05/02/content_16466595.htm
World Bank Whistle-blower. Confidence in the Dollar as an
International Currency Is Waning.
The End of Bretton Woods ?
World Bank Whistleblower Karen Hudes
http://nsnbc.me/2013/05/02/world-bank-whistle-blower-bretton-woods-near-collapse-confidence-in-the-dollar-as-an-international-currency-is-waning/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87413351
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87422006
http://www.biblebelievers.org.au/monie.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87366034
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87255432
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86981008
God Bless
Ps.
Germany Facing Another ‘Weimar Republic Meltdown’ – US Ponzi Scheme
Is Being Revealed For The True Fraud That It Is – V’s Latest
Monday, April 29, 2013 11:24
http://beforeitsnews.com/eu/2013/04/germany-facing-another-weimar-republic-meltdown-us-ponzi-scheme-is-being-revealed-for-the-true-fraud-that-it-is-vs-latest-2518814.html
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87366034
Central Banks Grossly Incompetent: Bloomberg -
http://www.bullionbullscanada.com/gold-commentary/26151-bloomberg-central-banks-grossly-incompetent
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87255432
The Dow / Gold chart LT show
the fibonacci LT correction done -
Update to the Update: The Attack on Gold — Paul Craig Roberts -
http://www.paulcraigroberts.org/2013/04/16/update-to-the-update-the-attack-on-gold-paul-craig-roberts/
In extreme market situations created by 666 nwo
against the useless eaters as the nwo 666 call the People -
a small share buy back program for USGIF shares -
would be to some rescue -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84237637
BTW.
when the current playing field not is in level -
only laws against the People enforced -
NO laws against 666 banksters who run the gov. -
are robbing and plunder the People -
shareholders should demand it -
don't listen to the nwo etf pawns who are against it -
if you want a stronger shareholders rights etc.
please, suggest it to your management -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84237637&txt2find=buy|back|program
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86881141
An excerpt from the interview is posted at
the King World News blog here:
http://tinyurl.com/bs866kx
Bull markets come and go - so do bear markets -
These cruel cycles and 666 patterns will end, because
they are inhuman and Island People made an ex....
Iceland Slams Banksters With Harsh 3 Months In Jail -
Canadian Silver Hunter Expands Project Area and Launches New Website
TORONTO, ONTARIO--(Marketwired - April 8, 2013) - Canadian Silver Hunter Inc. (the "Company") (TSX VENTURE:AGH) is pleased to announce the expansion of its exploration area and the launch of its new website: www.candiansilverhunter.ca.
The Company's "South Lorrain Project" includes (i) the Keeley Frontier property, which has been the focus of the Company's exploration program to date; and also includes (ii) the Veinlode claims consisting of 26 patented leases currently held by Veinlode Silver Mines Ltd., covering approximately 444 ha and which are located directly west of and contiguous with the Keeley Frontier property; (iii) the Montreal River Extension consisting of 6 unpatented claims (79 claim units) covering approximately 1300 ha, which are located west of and contiguous with the Veinlode claims; and (iv) the Tooth Lake claim, located south of the Keeley Frontier property.
More information on the South Lorrain Project can be found on the Company's updated website, which was redesigned to provide easy access to the Company's progress and plans. The website will now meet the increasing demands of both retail and institutional shareholders, prospective investors, investment advisors, and financial institutions, by offering simplified navigation of exploration, project, and corporate information.
About Canadian Silver Hunter Inc.
Canadian Silver Hunter Inc. is a Canadian exploration company focused on the exploration of silver-cobalt deposits on its flagship South Lorrain Project (formerly the Keeley Frontier Project). The South Lorrain Project is located within the historic South Lorrain Silver Camp, which along with the historic Cobalt and Gowganda silver camps is part of a world class silver district in the Abitibi Greenstone Belt between Temagami and Kirkland Lake, in northeastern Ontario.
The South Lorrain Project is made up of four properties, centered by two prolific past producing silver-cobalt mines, the Keeley and the Frontier. Combined production from the two mines totaled 19.2 million ounces of silver, and 3.3 million pounds of cobalt, with an average grade of 58 ounces of silver per tonne.
Recent diamond drilling by the Company returned significant silver values between 111.0 and 122.3 metres downhole, including 1517.0 g/tonne over 0.3 metres, 479 g/tonne over 0.4 metres, and 91 g/tonne over 0.3 metres. This zone appears to be related to a new silver bearing structure.
Results from the recent power stripping and channel sampling program returned silver values ranging from 0.4 g/t to 190 g/t, with only 7 of the 77 samples taken assaying below 1.0 g/t Ag.
The company will continue to focus its exploration efforts on the existing targets located on the Keeley-Frontier property portion of the project. For further details about the Company's project and plans please visit the Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca.
Mr. Gerald Harron, P. Eng., is the "Qualified Person" under NI 43-101 and has reviewed and approved the technical information contained in this news release. Any potential quantities and grades noted herein are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in any targets being delineated as a mineral resource.
This release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration or project development related to the Company's mineral properties, outcomes of proposed or contemplated acquisitions or other transactions, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(647) 348 6966
jhunter@cshi.ca
www.canadiansilverhunter.ca
CDE the situation for the mining industry has been a mess in many
counties in Latin America where the New Left had showed up
(Venezuela, Ecuador, Bolivia)…in some ways, some of their critique
has been correct.. and in deed there has been some grounds to re-
evaluate the cooperation between commodity rich countries and the
mining industry… however the mining industry became a political
scapegoat for the many failures of the domestic & international
actors in these countries.. Morales and Chavez rule today in the
shadow of the constant stream of conspiracy myths in these
countries… however all these perceived outside enemies led
eventually to an overzealous mob atmosphere where it became easy
to take someone else’ property.
The Silver from the 4824 m high Cerro Rico (Rich Mountain) -
once made Potosi the biggest city in the Americas -
and one of the richest in the world -
RICH POTOSI:
The Mountain That Eats Men -
or is it - the el tio ? - 666 - That Eats Men -
Ex.
Cerro Rico: The Mountain that eats men -
All 888 fooled by el tito 666God safety -
Start Telling the Truth -
Demand IT -
ex....
http://removingtheshackles.blogspot.ca/2013/02/times-square-billboards-love-it.html
USGIF Mother Silver very important -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84185429
ex.
every newborn baby need the silver drop in the eyes
to not be blind etc. etc. etc.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84880985
ex.
http://beforeitsnews.com/opinion/2013/02/obamas-astounding-lies-unchallenged-by-the-press-2442756.html
http://www.orlytaitzesq.com/
To All USGIF Long Shareholders, USGIF Very nice info -
Here is something else..to hold the USA / USGIF Ag&AuFORT....
# 1.
USGIF needs to initiate a buy back program of USA / USGIF bargain shares -
Please, send management an email and suggest a buy back of
USGIF share A.S.A.P. -
TIA. -
http://www.us-silver.com/Contact-Us/Contact-Us/default.aspx
or/and
Darren Blasutti
President and CEO
dblasutti@us-silver.com
416-848-9503
http://www.us-silver.com
http://www.us-silver.com/files/WebShow1.pdf
Agenda # 2.
Please, let all who want to be part of USA / USGIF family have
an easy way to right way -
A volunteer program for all mine workers and employees with an
ex.
monthly payment reduction from wages to be for shares of
USA / USGIF and become a Shareholder and part owner of
'U.S. Silver & Gold Inc. (USA / USGIF)
To Shareholder of 'U.S. Silver & Gold Inc. (USA / USGIF) -
NOTE.
The Company should file the NCIB Program to allow for market
purchases of the Company's common shares (the "Shares") under
certain market conditions and subject to the approval of
the Board of Directors.
The Company does not currently intend to purchase Shares on
the market, but may do so from time to time in the future.
Although the Board of Directors and Management of the Company
must believe that the Shares are currently significantly
very extremely undervalued,
ex.
Callahan Mining Corporation 1983 operated by Asarco -
by memo. spent more than $85 million to the shaft construction
development -
($85Mil in 1983 = more than $200Mil in current value)
ex. and more than 195,000 tons mined @ a profit of more than $26 million in 1983
http://www.idahogeology.org/PDF/Technical_Reports_(T)/TR-85-1.pdf
In current market value $85 million on the Callahan shaft
development is more valued than the total market capitalisation
value of U.S. Silver & Gold (USA / USGIF)
@ only
Total Current Market Cap: $121,774,201
In my opinion;
Investors who pay @ $2.-/sh currently pay for Callahan Mine and
get a good bargain for it -
but
rest of the assets of -
USA / USGIF - rest of assets are FREE Load including;
So even a 10hyear old who learned 1 x 20 = USA / USGIF = 20 times higher
in Real Market Value than the bargain give away price @ currently -
USA / USGIF - rest of assets are FREE Load including;
U.S. Silver & Gold Inc.
is a newly formed silver and gold mining company focused on growth
from its existing asset base and the execution of targeted
accretive acquisitions. U.S. Silver & Gold owns and operates the
Galena Mine Complex
in the heart of the Silver Valley/Coeur d'Alene Mining District,
Shoshone County, Idaho and
the Drumlummon Mine Complex in Lewis and Clark County, Montana.
Within the Galena Mine Complex, the Galena Mine produces high-grade
silver and is the second most prolific silver mine in U.S. history,
delivering over 200 million ounces to date,
the Coeur Mine
is under re-development with first production having been achieved
in late 2012 and the Caladay Zone is being evaluated for bulk
mining development.
The Drumlummon Mine currently produces high-grade gold and silver
with historical production of 1 million ounces of gold and 12
million ounces of silver and has never been fully exploited or
explored.
Visit www.us-silver.com.
USA / USGIF has about fiat$30 million + @ current in
working capital -
Please, suggest to management to buy back shares -
The Buy Back Program should again be operational and hopefully
we will see this bolster our share price.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84110312
Best of lucks to all longs!
Also Note.
the Callahan shaft etc. has been repaired -
TORONTO, ONTARIO, Jul 24, 2008 (MARKET WIRE via COMTEX) --
U.S. Silver Coporation
(TSX VENTURE: USA) ("U.S. Silver" or the "Company") is pleased to
announce the beginning of repair activities associated with
bringing
the Caladay mine into production.
The Caladay Shaft lies approximately 1.3 miles southeast of the
Galena Mine No.3 Shaft in Wallace, Idaho. The two mines are already
interconnected on the 4900 foot level of the Galena Mine.
The four-phase program includes:
- The repair of the Placer Creek and Caladay portals and the
installation of new hoist ropes on the Caladay hoist. This includes
upgrades to the timbered sections in the tunnels, repair of the
rail access to the hoist room where necessary, and replacing the
hoist rope that has been in service for more than 30 years.
The repair should be completed by early 4th quarter, 2008.
- Concurrent with the portal repair, additional exploration drilling
in the Caladay mineralized zone between the 4900 and 5200 levels of
the Galena Mine will begin.
This drill program is designed to explore the western zone of the
Caladay mineralized area and will provide information for the test
mining program.
Once drilling is completed, a new resource model will be …
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84146850
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84070858
http://www.biblebelievers.org.au/monie.htm
Ps.
it strange to not see;
all Chinese and India miners etc. from world over to be crawling
on top of each other @ Galena, Wallace to pick up this
strategic super Ag-mine bargain for
$peanutz fiatz counterfeitz for
osama cult pawns has told them that US is open for business!
AGH.V News,
Canadian Silver Hunter Announces a Second New Near-Surface Target at Keeley Frontier Project
Press Release: Canadian Silver Hunter Inc. – Fri, Jan 18, 2013 7:00 AM EST
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TORONTO, ONTARIO--(Marketwire - Jan. 18, 2013) - Canadian Silver Hunter Inc. (the "Company") (TSX VENTURE:AGH) is pleased to release final results of recent sampling at the Keeley Frontier silver project in South Lorrain Township, Ontario. The Company completed a power-stripping and channel sampling program near Gibson Lake on the main Keeley Frontier claim block in November of 2012. As well, one pit was dug by excavator to a depth of 2 metres in a tailings area, with five grab samples taken at various depths in the tailings profile.
Highlights
• Channel line 7 returned composite silver values of 69.3 g/t Ag over the full length of 2.9 metres, including 86.8 g/t Ag over 2.25 metres.
- These samples also include base metal values of 0.91% Pb, 0.65% Zn, 0.28% Cu over 2.25 metres.
- One sample returned a value of 174 g/t Ag and 1.46% Pb over 0.95 metres.
• Channel line 8 returned a composite silver value of 28.0 g/t Ag over 2.05 metres, with 0.58% Pb, and 0.69% Zn. The composite included 70 g/t Ag 1.31% Pb, 1.64% Zn and 0.42% Cu over 0.6 metres.
• Channel line 2 returned a composite silver value of 70.4 g/t Ag over 1.85 metres, including 190 g/t Ag over 0.6 metres.
• Five (5) grab samples of tailings material (sand, silt and clay) exposed at various depths in one location by an excavator at depths ranging from surface to 1.8 metres depth returned silver values of 404 g/t Ag, 191 g/t Ag, 175 g/t Ag, 124 g/tonne and 74.8 g/t Ag.
• The tailings grab samples also assayed up to 0.053% bismuth, 0.33% cobalt, and 0.09% nickel.
A total of 50.45 metres of channel cuts were completed and assayed for silver and trace elements. The average length weighted composite for all 77 channel samples taken is 11.33 g/t Ag, 0.12% Pb, 0.14% Zn and 0.12% Cu. Silver values ranged from 0.4 g/t to 190 g/t, with only seven samples assaying below 1.0 g/t Ag. A similar widespread dispersion of Pb, Zn and Cu values was also noted, with a high correlation to Ag values.
The stripped area consists of one rock type; pillowed mafic volcanics, cut by numerous brittle steeply dipping fractures and faults trending mainly between 310 and 330 degrees. Disseminated pyrite, chalcopyrite, galena, sphalerite, arsenides, native silver and bismuth were visible within and adjacent to many of the fractures. Calcite, and reddish dolomitized volcanics were locally present.
The Gibson Lake structural trend was located by surface prospecting of IP anomalies during the summer of 2012. Historic trenching was exposed using an excavator and high pressure water for approximately 40 metres along strike. Additional caved trenches can be observed along the trend. The width of the mineralized trend is exposed for 10 to 15 metres.
There are no records of previous exploration results in the Gibson Lake area. Silver and cobalt production are known to have occurred 300 metres to the east from the Woods and Watson veins. It is important to note that the current surface stripping is well outside (above by approximately 100 metres) the historic "productive zone" with which the Keeley Frontier high grade silver zones are associated. The "productive zone" follows the shallow dipping Nipissing sill/volcanic rock contact, generally 100 metres above and 50 metres below the sill contact, where most of the high grade silver and cobalt has been found. The top of the "productive zone" could be reached with a 150 metre long drill hole beneath the Gibson stripping.
It is also of interest to note that historic exploration and production in the South Lorrain silver camp focused on underground drifting along narrow high grade structures and there was generally no exploration for wider, lower grade mineralized zones using geophysics, surface drilling or power-stripping. Strong chargeability anomalies from earlier IP surveying completed by the Company suggest the presence of disseminated sulphide/arsenide targets along a northwest trending anomaly 100 metres wide by at least 400 metres long stretching northwest from the Gibson Lake area stripping.
Follow-up work on the Gibson targets will include additional geophysics and power-stripping, with shallow drilling based on additional channel sampling results. Additional power-stripping is also required proximal to hole CSH12-03 (168.22 g/t Ag over 4.2 metres within a zone grading 72.47 g/t Ag over 11.3 metres, see June 19, 2012 press release). Weather conditions this fall did not allow for sufficient power-washing of the site and no channel sampling could be completed. This area is 750 metres south of the Gibson Lake stripping and remains a high priority for surface sampling and diamond drilling.
Sampling along the edge of Little Beaver Lake was done in one location to examine the depth of tailings and distribution of silver and other metals in the tailings profile. Five (5) samples were assayed at Agat Labs and returned silver values between 74.8 g/tonne (2.18 ounces per ton) and 404 g/tonne (11.78 ounces per ton). These silver levels are encouraging and systematic sampling of tailings is being considered as part of the next exploration program.
Project Logistics and QA/QC
All analyses reported in this release are from assay certificates which passed both Canadian Silver Hunter, and AGAT Laboratories QA/QC procedures.
Channel samples were cut with a gas powered saw using a diamond blade, similar to a core cutting saw. Samples were sent for aqua regia digestion and multi-element (including Ag, Co, Ni, Bi, Sb) analysis (ICP-OES finish) at AGAT Laboratories Ltd. in Mississauga, Ontario. The excavating, power-washing and channel cutting program was carried out under contract by Laframboise Drilling Inc. of Earlton, Ontario, managed and supervised by David R. Jamieson, P.Geo and Dean R. Cutting, P.Geo.
AGAT is a fully accredited laboratory and conforms to the requirements of CAN-P-4E (ISO/IEC 17025:2005) and CAN-P-1579 by the Standards Council of Canada. AGAT Laboratories provided pickup of the channel and tailings samples from the Company's core shack in North Cobalt, to the preparation lab in Sudbury, Ontario. Analysis is performed at AGAT facilities in Mississauga, Ontario. QA/QC programs include the use of standard and blank samples inserted into the assay stream, including the tailings samples, by the Company's personnel every 25 samples in addition to the lab's internal QA/QC programs. Samples assaying greater than 100 g/t Ag are fire assayed with a gravimetric finish. QA/QC results indicate that the AGAT aqua regia digestion and multi element analytical procedures used on this program are reliable. Screen metallic assaying may be required to more accurately quantify silver values in higher grade portions of the mineralized zones due to the presence of coarse silver.
Mr. Gerald Harron, P. Eng., is the "Qualified Person" under NI 43-101 and has reviewed and approved the technical information contained in this news release.
About Canadian Silver Hunter Inc.
Canadian Silver Hunter Inc. is a Canadian-based junior precious metals exploration company. The Company's flagship project is Keeley Frontier Project, located near Cobalt, Ontario. The Company's current focus is on exploration of the Keeley Frontier Project for silver, cobalt and nickel deposits.
CAUTIONARY STATEMENT:
This release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration or project development related to the Company's mineral properties, outcomes of proposed or contemplated acquisitions or other transactions, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
Contact:
Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(416) 707-4230
jhunter@cshi.ca
www.canadiansilverhunter.ca
Silver’s annual performances have been erratic in this bull
too as this final chart shows.
Sometimes it is up big, sometimes it is down big.
But even large down years like 2008’s stock panic don’t
prematurely end silver’s secular bull.
It bounces right back as sentiment recovers, something to
remember today in this current environment filled with silver
fear, despair, and bearishness.
Silver’s gains aren’t smooth.
But there is definitely a mean-reversion tendency in
silver’s returns.
Weak years are generally followed by strong years, and
vice versa.
After 2008’s stock panic crushed it,
silver soared 52% in 2009 and 83% in 2010.
And those incredible years led into
the high consolidation of 2011 and 2012,
with their 10% loss and 10% gain.
So if silver’s secular bull is indeed alive and well,
it is certainly due to surge once again in 2013.
And there’s one more thing to note in this real-silver comparison. Today’s secular silver bull, while erratic, is much more consistent than the 1970s one proved. Silver’s gains have been more gradual, the periodic sharp surges as greed waxes excessive haven’t been extreme like the 1974 example. This implies today’s bull has a much larger investor constituency deploying capital more gradually over time.
Thus today’s bull is considerably more robust, it has a stronger foundation than the 1970s one. This supports the thesis that today’s secular silver bull will ultimately prove larger than the last one. The better the foundation, the more investor capital deployed before that crazy popular-speculative-mania phase sets in, the higher silver can potentially rocket when the general public finally comes storming in.
So despite all the silver bearishness out there today spawned by silver’s recent weakness, its secular bull looks far from over. Popular speculative manias cap secular bulls, and though the spring-2011 upleg was strong it was nothing remotely close to mania-caliber. Silver is going to see much higher highs, dwarfing April 2011’s near $50 real, before this secular bull has fully run its course and finally gives up its ghost.
Interestingly, silver is already in a young new upleg that most traders refuse to see because they are blinded by today’s bearishness. While this metal was pounded back down near $30 in December, just under its 200dma, it spent much of last summer languishing around $27. Silver is slow to gather steam, with gradual early-upleg buying slowly building momentum into the exciting large late-upleg surges.
And the Fed’s new QE3 Treasury monetizations that are just starting this month are wildly bullish for silver. This metal has always been a go-to asset in inflationary times. That last mighty upleg that peaked in April 2011 happened to be largely driven by the Fed’s last major inflationary campaign, QE2. So 2013 is shaping up to be an amazing year for silver, and probably even better for the beaten-down silver miners.
When traders are bearish on silver after its slumps, they just abandon the stocks of the companies that bring it to market. The silver stocks plunge to deeply-undervalued levels relative to silver, they are pretty much left for dead. This creates great opportunities to buy low for brave contrarians who understand silver’s bullish fundamentals and aren’t spooked by temporary weakness. The newest persists today.
Most silver stocks are trading as if the bears are right, as if silver is doomed to grind lower from now to the end of time. But in real terms today’s secular silver bull looks far from over, and silver is early in what is likely to prove its next major upleg. So the excessively gloomy psychology plaguing silver stocks today won’t last. Contrarians who understand this have been buying cheap silver stocks in recent months.
It isn’t too late. Last month we published our latest deep-research report on silver juniors, the highest-potential of all silver stocks. We spent 3 long months investigating nearly 100 silver juniors trading in the US and Canada, and gradually whittled them down to our dozen fundamental favorites. Each is profiled in depth in a fascinating new report. One was already bought out at an epic 72% premium, as silver miners realize how dirt-cheap the explorers are. Buy your report today and get deployed before silver runs!
We also publish acclaimed weekly and monthly subscription newsletters for contrarian speculators and investors willing to fight the crowd to buy low and sell high. In them I explain what is going on in the markets, why, and what specific trading opportunities it is creating. Buying low when stocks are deeply out of favor has led to a stellar track record. Since 2001, all 634 stock trades recommended in our letters have averaged annualized realized gains of +34.8%. Subscribe today!
The bottom line is a real comparison shows silver’s current secular bull is far from over. This metal’s latest interim high a couple springs ago was relatively low in real terms, and resulted from an upleg that was nothing like a popular speculative mania. And secular bulls don’t end until the general public falls in love with that asset and starts flooding in. Silver hasn’t seen anything like that for several decades.
The current bearishness is merely a typical psychological response
to silver’s recent weakness.
When prices fall, traders start to believe they will keep falling
indefinitely.
So they look for bearish theories that rationalize their beliefs.
But succumbing to this groupthink is a grave mistake.
Broader perspectives reveal silver’s secular bull is far from
over, creating a great buying opportunity for contrarians today.
by Adam Hamilton, CPA
January 11, 2013
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83349592
http://maxkeiser.com/
God Bless
Excellon Resources Announces TSX Approval of Normal Course Issuer Bid
Toronto Stock Exchange - EXN
TORONTO, Nov. 29, 2012 /CNW/ -
Excellon Resources Inc.
(TSX: EXN) ("Excellon" or "the Company"), Mexico's highest grade
silver producer, is pleased to announce that the Toronto Stock
Exchange (the "TSX") has approved the notice of its intention to
make a normal course issuer bid (the "NCIB Program").
The Company has filed the NCIB Program to allow for market
purchases of the Company's common shares (the "Shares") under
certain market conditions and subject to the approval of the
Board of Directors.
The Company does not currently intend to purchase Shares on the
market, but may do so from time to time in the future.
Although the Board of Directors and Management of the Company
believe that the Shares are currently significantly undervalued,
the Company's cash flow is best used to fund the ongoing,
aggressive diamond drill program on the Company's new CRD/Source-
style discovery on the La Platosa Property in the state of
Durango, Mexico.
The Company's exploration programs are fully funded from high-
grade silver production at the La Platosa Mine.
Pursuant to the terms of the NCIB Program, Excellon shall be
permitted to purchase Shares for cancellation through the
facilities of the TSX at the prevailing market price of the
Shares.
The Company may purchase a maximum of 26,468,732 Shares (or 10%
of the total public float) pursuant to the NCIB Program.
Purchases will be subject to a daily maximum of 75,060 Shares,
except where such purchases are made in accordance with the
"block purchase" exemption under applicable TSX policy. Excellon
may make purchases from time to time commencing on December 3,
2012 and ending on December 2, 2013.
As at the close of business on November 28, 2012, Excellon had
275,179,467 Shares issued and outstanding.
About Excellon
Excellon's high-grade silver production drives transformative
exploration potential.
The Company's 100%-owned La Platosa Mine in Durango is Mexico's
highest grade silver mine, with lead and zinc by-products making
it one of the lowest cash cost silver mines in the country.
With 41,000 hectares of exploration ground surrounding the mine,
Excellon is focused on discovering the large-tonnage Source of
the high-grade silver mantos currently in production.
Such a discovery has the potential to transform La Platosa into
the next major project in Mexico's prolific CRD/silver belt.
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy ----- and is not to be construed
in any way as, an offer to buy or sell securities in the United States.
SOURCE: Excellon Resources Inc.
Excellon Resources Inc.
Joanne C. Jobin, Vice President, Investor Relations
T. (416) 364-1130 E. info@excellonresources.com
W. http://www.excellonresources.com
http://www.excellonresources.com/Investors/Press-Releases.aspx?CnwID=135081
Robert Kiyosaki Advice: Buy Gold & Silver To Hedge Inflation
(In ex. below video -
Banksters Mafiays Huge Silver Delivery Problems Expected: GATA
MARKET RIGGING FRAUD -
by Bill Murphy, Bix Weir, & Andy Hoffman Part 2
U.S. Silver & Gold Inc. (USA:TSE) fiat $2.010 Aug 16, 2012,
Exchange: Toronto Stock Exchange
$2.010 Aug 16, 2012, 8:28 PM EDT
Change: 0.070 +3.61%
Volume: 109,997
Gold now defends not just liberty but simple reality
Submitted by cpowell on Sat, 2012-03-10 20:02.
Section: Essays
2:57p ET Saturday, March 10, 2012
Dear Friend of GATA and Gold:
GATA can't vouch for the data published in the latest edition of
Alan M. Newman's financial letter, Crosscurrents, which argues
that financial manipulation has become the main pursuit of the
United States economy, but he is far from alone in his
observations.
Commentary about this trend arose around 20 years ago, perhaps
first in The New Republic magazine.
And there is a well-established entry about it at Wikipedia,
the Internet encyclopedia, here:
http://en.wikipedia.org/wiki/Financialization
Newman writes that dollar trading volume (presumably in U.S.
markets) now is more than four times larger than the U.S. gross
domestic product as well as four times larger than total stock
market capitalization.
"The churn continues at the most ferocious pace, making a
mockery of our capital markets," Newman writes.
"The theme of investing for the future is now meaningless as
high-frequency trading distorts price discovery, resulting in
gross pricing inefficiencies."
... Dispatch continues below ...
http://www.gata.org/node/11102
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78609350
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78612626
666 banksters cult -
super red fed fema ussr gulags copycats
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70774248
$SILVER chart P&F TA Ag bullish price bull obj. $58.0/oz -
U.S. Silver Corporation (TSE:USA) fiat$1.550 HAPPY Jul 4, 2012, 3:58 PM EDT to ALL -
Change: $0.070 +4.73%) Volume: 54,929
Day Low
1.460 Day High
1.550
Well, its good strategic position in silver before the coming
accident - to wait until the accident happens -
it may be too late -
http://www.investmentrarities.com/future_price.shtml
in many ways the best thing that could happen to America is
for the government & banksters to go broke which is the
fact & truth - we won’t find many people who share that view.
In fact, you can hardly find anyone who thinks we are in serious
enough trouble that the government can’t fix it.
Most people don’t even think about such things.
That’s the way it was in Greece and Spain etc.
up to a few months ago -
http://www.investmentrarities.com/best_of_jim_cook06-25-12.shtml
dd....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77115920
God Bless
Exclusive Interview with Eric Sprott Part 1
Wallace Silver GO make Lady Ag Queen happy -
Caladay Silver Mine - Third Silver Mine to be reactivated
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76264616
God Bless
Hi Bob--yes, I read this good news. US Silver needs much higher silver prices, though. Their cost per ounce is too high.
I've been looking at TAHO, which is opening what looks to be a very lucrative silver mine next year. You might want to take a look at it.
USSIF looks mighty cheap here--as do so many others. It's too bad silver has been rigged down the way it has been...
Caladay lead zone have confirmed the existence of a broad
mineable resource that appears to support
lower cost bulk mining methods.
Efforts to extend the Silver Vein at depth have produced some
very high grade intercepts including
1,434 Ag opt over 1.6 feet and
112.1 Ag opt over 2.8 feet (see below) and
evidence of additional mineralization beyond
current mining levels.
The Silver Vein has been a prolific producer for decades and
the down dip extension of this mineralization is a key target
as deposits elsewhere in the Silver Valley have demonstrated
very high grade at depth.
Dan Hussey has returned to Company as Chief Geologist bringing
decades of experience in the Silver Valley and extensive
experience at the Galena.
U.S. Silver Announces Results of Ongoing Diamond Drill Activities
at the Galena Mine and Expanded Geological Team
06/04/2012
http://www.us-silver.com/News-and-Events/News-Releases/News-Release-Details/2012/US-Silver-Announces-Results-of-Ongoing-Diamond-Drill-Activities-at-the-Galena-Mine-and-Expanded-Geological-Team1129700/default.aspx
USSIF $SILVER Chart P&F TA Alert Bullish Price Objective $58.-/oz
http://www.us-silver.com/
USSIF $SILVER Chart P&F TA Alert Bullish Price Objective $58.-/oz
http://www.us-silver.com/
USSIF $SILVER Chart P&F TA Alert Bullish Price Objective $58.-/oz
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73717855
U.S. Silver Focused On Growing its Silver Assets
in 2012 with Goal of Opening A Second Mine
Aggressive Exploration Planned to Develop New Areas for Mining
Company Financially Strong with More than $27 Million Cash on Hand
U.S. SILVER CORPORATION
OTC QX: USSID • TSX: USA
As the second largest primary silver producer in
the United States with annual silver production of
2.4 million ounces from its flagship
Galena Mine, U.S. Silver Corporation’s
(OTC QX: USSID; TSX: USA) --
http://www.us-silver.com --
huge land package of 14,000 acres of under-explored property
provides the company with tremendous future potential reserve
growth in the country’s most prolific silver district –
Idaho’s Silver Valley where more than 1.2 billion ounces of
silver have been produced historically.
This is a company with a strong balance sheet, a stable
operating cash flow, and an increasingly aggressive
exploration program.
Quite simply, U.S. Silver is poised to equal or perform better
than that record in 2012, and could well post annual revenues
of about $100 million.
U.S. Silver Moves to Apply for NYSE Amex Listing, Consolidates
Common Share Structure and Will Buy Back Common Shares
U.S. Silver recently was cleared to apply for a listing on
the NYSE Amex.
The company must also satisfy additional conditions and
confirmations prior to being authorized to list on the U.S.
exchange, including share distribution and satisfaction of
minimum trading price requirements, corporate governance
compliance and filing of a Form 40-F registering the common
shares.
U.S. Silver outstanding common shares were recently
consolidated on the basis of five (5) pre-consolidation common
shares for each one (1) post-consolidation common share.
The consolidation was approved by U.S. Silver shareholders in
June 2011 and took place on January 31, 2012.
As a result, the approximately 309 million pre-consolidation
issued and outstanding common shares were reduced to
approximately 62 million post-consolidation common shares.
Over the next year, U.S. Silver plans to buy back up to about
3 million or 5% of those shares.
Under a recently announced Normal Course Issuer Bid, the share
purchase program will terminate no later than Feb. 20, 2013.
Repurchases will be made by the company on the open market
through the facilities of the TSX in accordance with TSX
requirements, and at the market price at the time of
acquisition.
Daily repurchases will be limited to 22,377 common shares,
other than block purchase exceptions, based on an average daily
trading volume of 89,509 common shares since October 3, 2011,
the date of U.S. Silver’s listing on TSX.
U.S. Silver’s action is based on the belief that the company’s
common shares have not been trading at prices that fully
reflect it’s underlying value, offering an inviting
investment opportunity.
“With a cash balance in excess of our planned needs and an
expected continued strong silver market, we feel that this is
a very prudent investment for the benefit of shareholders at
this time,” says Gordon Pridham, Executive Chairman and
Interim CEO of U.S. Silver.
“We intend to begin repurchasing stock subject to the terms of
this Normal Course Issuer Bid at our earliest opportunity.”
Management Team Strengthened
with Board of Directors Appointment
Tom Ryley, who has a career that spans over 35 years in the
natural resources sector, joined the U.S. Silver Board of
Directors in February 2012.
He leads an advisory firm specializing in business planning and
strategy, new business development and investment analysis.
He spent 25 years with Suncor Energy Inc. in variety of
increasingly senior roles and was executive vice president of
refining and marketing during the last nine years of his career
with the company.
He sits on the boards of several public, private and charitable
organizations.
“We are pleased to add Tom to the Board and look forward to
benefitting from his 35 years of wide ranging experience in
operations management, strategic corporate development and
public company board directorships,” says Pridham.
“His senior corporate blue chip experience and knowledge will
be invaluable to U.S. Silver as it manages its growth
strategy.”
Ryley joins a diversified management team with over 100 years
of mining and business experience.
Pridham has a strong background in investment banking, capital
markets, and corporate banking. COO Steve Long has extensive
experience in mine engineering and management.
CFO Chris J. Hopkins is skilled in financial management,
strategic planning, mergers and acquisitions, corporate finance
and management reporting within the mining sector.
U.S. Silver’s Strong
Financials Support Expansion Plans
“Operational consistency and favorable commodity prices continue
to provide U.S. Silver with improved financial strength and the
ability to pursue our ongoing goal of production growth,”
says Pridham.
The company has a solid revenue stream, substantial receivables
in the form of concentrates on the way to the smelters, no
long-term debt and no royalties.
As a result, U.S. Silver can comfortably self-fund expanding
its silver resource at the Galena and development of its
Coeur and Caladay Mines.
U.S. Silver recently reported $28.3 million in Q3 revenues,
compared to $12.0 million for the same period in 2010.
The company will report its 2011 end-of-year performance
results in March.
U.S. Silver reported net income of $5.2 million in the quarter,
compared to $0.5 million for the same period in 2010.
Cash flow from operating activities totaled $5.4 million in
the quarter, compared to $1.8 million for the same period
in 2010, while cash on hand totaled $27.5 million.
Expanded Exploration Drilling Planned to Increase Resource Base
U.S. Silver’s 2011 exploration program yielded such encouraging
results, the company is significantly expanding both surface
and underground drilling in 2012 to provide even greater
potential for reserve expansion.
From August through December 2011, U.S. Silver drilled 21,433
feet underground at both its flagship
Galena Silver Mine and at its advanced-stage, former producing
Coeur Mine.
Rehabilitation of 140 miles of existing tunnels, many nearly
40 years old, continues.
In 2011 the company spent over $3.3 million on level repairs.
Underground exploration drilling at Galena confirmed additional
resources that will be developed for mining in 2012 and beyond.
Investment Considerations
U.S. Silver’s Galena, Coeur, Caladay and Dayrock silver-lead-
copper mines are part of a 14,000 acre land package in an area
recognized as one of the world’s most prolific silver belts.
The company is a solid silver producer with more than 300
people on its payroll who help to produce 800-1000 tons of ore
per day, five days a week.
A significant 2011 milestone for U.S. Silver was its promotion
to the Toronto Stock Exchange (TSX), the senior Canadian
exchange for mining companies, giving the company greater
accessibility to investors, as well as greater liquidity,
increased market recognition and access to capital.
Listing on the TSX is representative of the significant growth
and strength the company has delivered to its investors.
The TSX is a premier stock exchange for mining companies and
a main board listing will increase our visibility with
investors throughout the world.
Now, U.S. Silver is making a similar move in the U.S. with its
application for listing on the NYSE AMEX to give the company
increased access to and credibility with U.S. investors.
U.S. Silver’s core business plan remains unchanged –
to focus on expanding silver and copper production from
existing operations as well as exploring and developing
its extensive Silver Valley holdings.
The success of that plan is evident – each year
U.S. Silver has more than replaced its mined resources.
“We are confident we will continue to provide additional
reserves for years to come as we explore more aggressively
to prove those reserves on our large land position in the
prolific Silver Valley,” says Pridham.
To date, U.S. Silver has mined 120 different veins at its
flagship Galena Silver Mine, which has been in operation
for almost 60 years.
Incredibly, exploration shows no evidence that the quality
of mineralization is diminishing.
U.S. Silver’s Board of Directors has authorized re-starting
mining operations at its
Coeur Mine, a milestone that will enable the company to
maintain and expand its current production levels
for years to come.
The former producing -
Coeur Mine contains an estimated 5.9 million ounces of silver
equivalent.
The mine has been idle for about 15 years and has aging tunnels
and vertical passageways that must be rehabilitated to provide
miners with at least two safe exit points from all operational
levels.
Currently, there is only the main shaft and a tunnel at one
level connecting to the adjacent Galena mine.
No additional permitting or acquisition costs will be required
to reopen the mine.
Once in operation, the U.S. Silver will have two mills –
one at Galena and the other at Coeur –
capable of processing up to 1,400 tons of ore per day at
recovery rates of 96% for silver-copper and
92% for silver-lead ores.
U.S. Silver forecasts 2012 production levels at about
2.4 million ounces of silver, with by-product production of
lead at about 6.5 million pounds and
copper at about 1.2 million pounds.
“2012 will be a year of continued, enhanced exploration at the
Galena Mine,” says Pridham.
“Our focus is to create more places to mine.
By spending money on infrastructure and development at the
Galena, we are ensuring the mine will provide a stable
platform of growth for U.S. Silver Corporation.”
Contact:
Heather Bailey-Foster, Manager I.R.
P.O. Box 440, Wallace, ID 83873
Phone: 208-556-1535 Ext. 2
Fax: 208-556-1587
Corporate Office:
Christopher Hopkins, CFO
401 Bay Street, Ste 2702
Toronto, ON M5H 2V4
Phone: 416-907-5501
Fax: 647-722-9652
E-Mail: info@us-silver.com
Web Site: http://www.us-silver.com
Shares Outstanding: 61.8 million
52 Week Trading Range:
(as of Feb. 20, 2012)
Canada: Hi: C$4.15 • Low: C$1.95
Given the current environment, we see much greater risk holding
cash in a bank than we do in holding precious metals.”
Furthermore, holding silver instead of cash as a form of
savings allows silver miners to convert their silver into cash
at an opportune time.
When asked about silver specifically, Embry responded,
“Nothing has changed. The supply/demand is powerful....
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/21_John_Embry__%2450_Downside_on_Gold_but_%241%2C000s_to_the_Upside.html
$Silver Chart TA alert MACD & slow STO @ the buy zone
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73452172
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73545989
http://www.us-silver.com/Investors/Presentations/default.aspx
http://www.us-silver.com/Operations/Photo-Gallery/default.aspx
http://www.us-silver.com/Operations/Overview/default.aspx
God Bless
Silver Provides Blueprint To Sprott’s Call To Action -
Eric, Wall Street Cheat Sheet | March 21, 2012
Eric Sprott, legendary gold and silver investor and chairman of Sprott Inc.,
famously issued an open letter to 17 of the world’s largest
silver producers last year.
The letter is well-known to the precious metals community
because it challenged the mining industry to limit silver sales
until prices increased.
Unlike an OPEC style cartel, Sprott advocated that miners
simply hold a portion of their cash reserves in the form of
silver, in order to protect themselves and shareholders from
irrational price corrections that take place too often in the
silver market.
Silver mines not only heeded Sprott’s advice, but has already
benefited from it.
Sprott’s “Call to Action” letter suggested, “Instead of selling
all their silver for cash and depositing that cash in a levered
bank, silver miners should seriously consider storing a portion
of their reserves in physical silver outside of the banking
system.
Why take on all the risks of the bank when you can hold hard
cash through the very metal that you mine?
Given the current environment, we see much greater risk holding
cash in a bank than we do in holding precious metals.”
Furthermore, holding silver instead of cash as a form of
savings allows silver miners to convert their silver into cash
at an opportune time.
When asked about silver specifically, Embry responded,
“Nothing has changed. The supply/demand is powerful....
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/21_John_Embry__%2450_Downside_on_Gold_but_%241%2C000s_to_the_Upside.html
$Silver Chart TA alert MACD & slow STO @ the buy zone
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73545989
Buffalo Bill' Blankfein's Financial Apartheid -
USC Silver Strategy Chart -
Silver's price has been very healthy during this rally -
Instead of correcting to the downside, the price has
only traded slightly lower -
The light declines have come on dropping volume -
The up days this week came on excellent volume -
I'm now looking for the $42-44 target area to be acquired -
the move to that price zone will be accompanied -
by even greater volume -
Silver Bullish Falling Wedge Chart -
Some bullion dealers have been reporting for months that
as much money is going into physical silver as into
physical gold -
With a current gold/silver ratio of 51, about 51 times more
physical silver is being purchased than physical gold -
Silver can be volatile, yet I continue to see silver
as an outstanding long term investment -
The silver mines share price gains has out performmed the physical
silver gains in the past -
the history often repeat itself -
The wedge pattern suggests that silver will now make
its way back to the highs near $50 -
Ag to GO Much HIGHER -
Hold on to the hat Alice -
to the moon soon -
http://www.unitedsilvercorp.com/s/NewsReleases.asp?ReportID=509836
God Bless
United Silver Corporation Announces Four-Year Exploration and Development Plan for the Crescent Mine, Coeur d'Alene Silver Belt, Idaho.
Vancouver, British Columbia, February 28, 2012:
http://www.unitedsilvercorp.com/s/NewsReleases.asp?ReportID=509836
United Silver Corp. -
("United Silver Corp.", the "Company", or "USC": TSX-V; USC: OTCQX; USCZF: Frankfurt: UM8)
is pleased to announce that the Board of Directors has approved
a phased, property-wide, USD$23 million, four-year plan (the
"Plan") to further explore and develop
the Crescent Silver Mine resource.
The objectives of the Plan are to further explore the existing
silver resource, develop the existing resource, and explore
for additional resources at the Company's 80 percent-owned
Crescent Silver Mine.
The Crescent Mine is located on a large, 365 hectare (902 acre)
property in the heart of northern Idaho's Silver Belt, in the
Coeur d'Alene silver-lead-zinc mining district.
The Crescent Mine is situated between the world-class,
previously-mined Sunshine silver mine and the Bunker Hill
silver-lead-zinc mine, with previous district-wide production
estimated to be over 1 billion ounces of silver, making it the
second largest silver district in the world (for details of the
Crescent property, the Idaho silver belt, and figures which
assist in visualizing the details of this press release please
refer to our website at www.unitedsilvercorp.com).
Approximately 25 million ounces of silver at an average grade of
27.3 opt (SRK Consulting 43-101, March 1, 2010) were
historically mined from the Crescent Mine, and known
mineralization has been identified from near surface to
approximately 5,000 feet depth below surface by
the Bunker Hill Mining Company , prior owners of
the Crescent Mine.
We consider this historical information to be reliable.
Silver and base-metals-bearing vein deposits at Sunshine and Bunker Hill, located immediately to the east and west of, and adjoining, the past-producing Crescent Mine, were world-class deposits of silver. The Crescent Mine, which was a much smaller producer than the other two deposits, has never undergone a detailed and aggressive exploration program, despite the fact that the ore-bearing vein systems strike across the large, 365 hectare property, and are known to host high-grade silver-bearing vein deposits. The planned program at the Crescent is designed to aggressively follow up on known mineralization, and to produce silver-bearing concentrates from known mineralized bodies to fund the exploration of the depth and lateral extensions of the known mineralization.
Very significant surface drilling and underground exploration in the form of a spiral ramp and drifting within the known mineralization closest to surface has already been completed. The objective of the current Plan is to restart, aggressively, this partially-completed exploration/development work which began in 2007. Highly-encouraging results from this earlier work form the basis for this aggressive exploration/development plan, which has the goal of unlocking what management believes is a very high potential for the delineation of a significant silver resource.
The initial phase of the Plan will be funded by a recently-announced USD$6.3 million convertible debenture from Hale Capital Partners (see press release dated February 1, 2012) and by a contribution from 20% joint venture partner Gold Finder Explorations Ltd. ("Gold Finder") (TSX-V: GFN) as its share of the program. Ongoing costs of the Company and Gold Finder for the exploration/development plan are projected to be funded by cash flow generated from the milling and refining of silver mineralization mined from known mineralized bodies defined by previous, detailed surface drilling and underground exploration programs.
Previous Work
Subsequent to mining in the early part of the last Century, exploration began again at the Crescent mine in 2007 with drilling carried out by Gold Finder. A total of 31,460 meters were completed, primarily from surface, on the South Vein, resulting in a 43-101 compliant resource estimate of 324,000 tons grading 18.7 ounces per ton (opt) of Indicated and 211,000 tons of Inferred mineralization grading 19.5 opt. This drilling was carried out over an area which accounts for less than 5 percent of the prospective areas of the property. Highlights of the Gold Finder drilling include:
South Vein Intercepts Silver grade
SNS403 10.0 feet @ 56.0 opt
SNS305a 6.8 feet @ 42.1 opt
SNS310 5.6 feet @ 25.3 opt
SNS1006 6.3 feet @ 21.1 opt
SNS307 5.1 feet @ 21.6 opt
SNS1002 7.0 feet @ 17.6 opt
H304 7.8 feet @ 11.0 opt
Alhambra Vein Intercepts
SNS502 6.2 feet @ 41.2 opt
SNS604 6.2 feet @ 16.4 opt
SNS1107 4.9 feet @ 20.6 opt
While the above drilling forms the basis of the current resource calculation (SRK 43-101, March 1, 2010), it was recognized that the silver-hosting veins had a strike continuity across the entire property towards the west and into the adjoining Bunker Hill mine property. In 2011, 11,275 feet of surface drilling in nine holes was completed up to 1500 feet west of the existing resource. The results of the first four Alhambra-targeted holes (see press release dated May 16, 2011) intersected 2.2 feet grading 4.8 opt silver, proving westward continuity of the mineralized system. All five holes drilled into the South Vein structure (, up to 1500 feet west of the known resource) encountered siderite-quartz-pyrite veins, demonstrating continuity of this structure as well as opening a large area for exploration. The highest grade intercept of these five holes returned 2.9 feet grading 4.58 opt silver.
Underground Exploration
The existing Hooper Level tunnel (2725 feet elevation, see website for 3-dimensional view of underground workings) provides an excellent platform to test the down-rake extension of the South Vein resource. The South Vein resource, meanwhile, has been estimated to an elevation of 2940 feet. Therefore, in 2011, a program of 12,000 feet of drilling to test the down-rake extension of the South Vein was proposed, of which only two holes totaling 1,449 feet of drilling were completed due to funding limitations.
These two holes gave highly-encouraging results, indicating that the South Vein resource is open to depth and that further drilling is definitely warranted. The two holes intersected silver mineralization as follows:
DDH From (feet) To (feet) Feet Recovered True Width (Feet) Silver (opt)
H-6 720.20 724.0 3.40 3.11 25.6
Includes 721.40 722.40 0.90 0.82 96.40
H-7 727.00 729.70 2.70 2.21 3.60
Includes 727.00 727.65 0.65 0.50 8.80
A core loss of 6.5 feet between 718 and 728 feet in H-7 may have been from a mineralized, faulted zone within the South Vein. The H-6 intersection is at an elevation of 130 feet below and is 300 feet west of the lowest point of the limit of the calculated South Vein resource, and remains open to depth and along strike, indicating good potential for quickly expanding the known resource by further drilling.
Underground Test Drifting
A decline to facilitate lateral drifting for underground exploration and eventual production activities, called the Countess decline, was collared by the Company in August, 2010 from a surface portal at 4300 foot elevation and progressed for 2400 feet to a point where it intersected the South Vein resource (as defined by SRK in their 43-101) at the 3945 foot elevation.
Test drifting along the South Vein structure at the 3945 foot elevation began in March 2011 and, as of January 2012, a continuous 755 feet of strike length along the drift within the South Vein body yielded 10.4 opt silver over an average width of 9.2 feet. The most significant intervals intercepted by this drift sampling include:
Strike Length (feet) Average Silver Grade (opt) Average Width (feet)
246 14.0 7.3
210 15.6 8.3
88 15.6 9.0
The average grades above were calculated from channel samples collected across the test drift faces and weight-averaged by representative volume and specific gravity. Widths and lengths were measured in the horizontal plane perpendicular to each other. This test drift has yet to cross the entire mineralized body as identified in SRK's 43-101 model of the zone.
The Exploration Plan
Management considers the Crescent to be a property with the potential for the delineation of a world-class silver-mineralized system. Factors on which this opinion is based include:
The property sits between two world-class silver deposits and adjoins them both;
Silver-bearing veins strike from the Sunshine mine, across the large Crescent land package, to the past-producing Bunker Hill mine;
The Crescent deposit is a past-producing silver deposit where only limited exploration has been carried out;
Drilling at Crescent has identified a near-surface resource while past mining at much greater depths indicates the potential for depth continuity;
A small program of wide step-out, surface drilling has shown that silver mineralization continues well away from the known resource;
Underground drilling has shown that known mineralization continues to depth and along strike and is open in both dimensions;
Underground drifting has provided a platform for a much more extensive underground exploration program which has the possibility of identifying additional resources to depth and along strike.
In order to accomplish the goal of aggressively exploring the Crescent prospect and building a much larger silver resource, while minimizing the impact on diluting the Company's share structure, Management has agreed on an exploration plan using cash flow generated from test-mining production of South Vein-hosted, identified silver mineralization. Thus, exploration and development activities will be carried out in parallel.
Exploration activities will include:
continuing the drifting from various underground levels accessed by the Countess decline, concurrent with the establishment of a secondary escapeway and sub-level development
underground drilling to potentially augment the existing resource to greater depths and along strike, with priority given to continuing to drill, from underground, the down-rake continuation of the known, South Vein resource
drilling the Alhambra structure from underground west of the historic Crescent workings, as well as within a 1200 foot "gap" between upper and lower historic workings where good potential exists for continuation of the mineralization, continuing the surface drilling program to identify additional mineralization along the westward projection of the South Vein. An additional 2000 feet of South Vein strike potential exists on the Company's property in addition to the initial 1500 foot step-out drilling program already carried out.
The plan anticipates the completion of approximately 200,000 feet of diamond drilling, consisting of 80,000 feet from the surface and 134,000 feet from underground drill stations.
Development Activities
A spiral ramp system will be developed in the footwall of the South Vein resource area. Ramping down in spirals from the existing Countess decline will proceed, while concurrently a 10 foot by 13 foot incline ramp will be driven from the surface to connect with the Countess spiral. When complete, the second opening to the surface will allow ventilation and serve as a secondary escapeway. The ramp spirals will provide access for test drifting for grade and morphology of mineralization at multiple elevations within the South Vein resource area to determine the continuity, potential for enhancement, and parameters of the mineralization to guide further drilling and drifting.
A paste backfill plant will be constructed near the incline portal.
Test Mining Metal Production to Offset the Cost of Exploration
The Company has a joint venture with the New Jersey Mining Company ("New Jersey"; the "New Jersey Agreement") to secure near-term milling capacity for the Crescent (see press releases dated October 7, 2010 and June 9, 2011). Mill expansion, including equipment installation and fabrication of structures and conveyors is nearing completion. Mine Fabrication and Machine, a business unit of the company's wholly owned subsidiary, United Mine Services, Inc., is performing much of the mill construction. Commissioning is expected to start at the end of March 2011. The joint venture agreement gives the Company an exclusive right to 7,000 tonnes per month of milling capacity, with first rights on additional unused capacity.
The mill is located less than four miles from the Crescent Mine.
The mill will initially process ore from test drifting on the South Vein currently stockpiled at the New Jersey mill. Concentrates produced by the milling of the underground drifting-produced mineralization will be sold to Formation Metals U.S. under an agreement signed in December 2011 (refer to news release dated December 13, 2011). Formation's refinery is less than three miles from the mill, virtually eliminating hauling costs.
The Company expects that the ore from underground test drifting and stoping will provide cash flow to the Company which will offset the cost of exploration development. Projected cash flow will cover the cost of expanding the Crescent deposit and avoid the need for further equity offerings during the period of the Plan.
An Integrated Company
USC CEO Graham Clark states: "The Board of Directors of the Company is excited and extremely optimistic about our plans going forward to explore, and test mine on a modest scale, the materials generated from drifts and stopes within the South Vein area of the Crescent Mine, while at the same time exploring farther afield for the on-strike and down-dip extensions to this potentially extensive silver-bearing system. We are grateful to have secured initial funding from Hale to establish our Plan which, for the next four years, will see aggressive exploration combined with cash flow from mining to finance the exploration and broader understanding of the system. We believe that the cash flow generated from mining will offset the need to go to the financial markets and undertake a public offering during this time, preserving and enhancing value for the shareholders and providing us with first-hand experience mining the deposit.
"USC management is looking forward to our Plan of combined exploration and silver production to be the beginning of the next, and most important period to date, in the evolution of the Crescent deposit".
Lawrence Dick. Ph.D., P. Geo., has approved and is responsible for technical information provided in this news release.
ABOUT UNITED SILVER CORP.
USC is a vertically integrated mining company with operations in Idaho, USA. It has earned, through development and operations, an 80% interest in the Crescent Silver Mine project in Idaho's prolific Silver Belt - directly between two of the world's historically largest silver producing properties, the Sunshine and Bunker Hill mines. USC also offers a full suite of mining services including contract mining and mine machine repair and fabrication services to silver miners in the district. USC's common shares trade on the Toronto Stock Exchange under the symbol "USC". For more information about USC, please visit: www.unitedsilvercorp.com
www.unitedsilvercorp.com
ON BEHALF OF UNITED SILVER CORP.
"Graham Clark"
Chairman and Interim CEO
Cathy Hume
CHF Investor Relations
Tel. (416) 868-1079 x231
Email: cathy@chfir.com
U.S. Silver Corporation (USSID) Chart 2 mon. Performance UP 27%
management performance often repeat itself -
- may set indication for the rest of the year 2012 -
USSID TA PERF 6 x 27% = 162% gain Ag-bullet>train>arrow-> to Silver Valley
- all hobo aboard @ comfy chair
- TI MAD alert Golden Cross
- CMF TI signal bottom buy zone -
- PPO TI alert cross to buy -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72479471
God Bless
Eric Sprott - There's No Silver Left - Casey Research -
U S Silver Corp (QX) (USSIF)
0.473 ? 0.021 (4.65%)
Volume: 651,095 @ 3:24:21 PM ET
Bid Ask Day's Range
0.35 0.6893 0.464 - 0.5
USSIF Detailed Quote Wiki
Mining shares have separated from the general equity markets -
GATA e-mail
Submitted by cpowell on 11:27AM ET Friday, September 9, 2011. Section: Daily Dispatches
2:20p ET Friday, September 9, 2011
Dear Friend of GATA and Gold:
Fund manager Eric Sprott today tells King World News that the precious metals mining shares have separated from the general equity markets, going up while the rest are going down, and that the sky is the limit for gold and silver, what with currencies, government debt, and banks causing problem after problem.
An excerpt from the interview is posted at the King World
News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/9_Eri...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
USA SILVER chart TA LT Long Term Big Bull Picture -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66601254
God Bless
Great Panther Silver Extends High Grade Silver-Gold
Mineralization and Discovers New Zones at Guanajuato -
http://tmx.quotemedia.com/article.php?newsid=44209917&qm_symbol=GPR
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64279509
God Bless
~SILVER~HDA~17Mo/s~29oz./ton~NI43101~10M+oz.~Q4Production~DD...
Huldra has ALL the money they need to mine with their $10,000,000 credit facility and the $9,000,000 in warrants(2013) that were just placed.
http://www.huldrasilver.com/huldra-silver-inc-announces-closing-of-special-warrant-and-flow-through-special-warrant-offering/
THE PERMITS ARE APPROVED AND THEY ARE ONLY WAITING FOR DELIVERY OF THE MILL WHICH WILL BE SET UP AND COMPLETED BY Q32011.
http://www.huldrasilver.com/huldra-silver-inc-announces-entry-into-mill-purchase-agreement-and-services-agreement-appointment-of-corporate-secretary-resgination-of-director/
HULDRA already has 6,000 tons @ 20oz per ton sitting above ground waiting for trucking to the newly completed mill.
20x6,000x.95recovery= 114,000 x $50oz.= $5,700,000
The market cap. is only $25M!
Huldra has 3.5 MILLION OUNCES @ 29.75 oz. per ton
UP TO 10+M oz. at a 10 oz. per ton cut-off grade!
2M oz. 2012 production goal...
http://www.huldrasilver.com/wp-content/uploads/2011/05/Huldra-Presentation-May-2011.pdf
2M oz x $50 oz silver(2012avg.)x.95 recovery= $95,000,000 in FIRST YEAR
3.5M(29oz./ton) x $50 oz silver x .95= $166,250,000
CURRENT MARKET CAP ONLY $25M!
NEW SURFACE SAMPLES SHOW UP TO 440 oz. per ton...
http://www.huldrasilver.com/wp-content/uploads/2010/12/Huldra-Silver-2010-Drill-Program-Assay-Summary.pdf
Fully diluted is 27M shares in late 2013.
THIS IS AN EASY 3x-5x from here within 6 months....
Let's compare for the Ag facts -
- the managements performance often repeat itself -
Its nice ride with the Ag winners
BTW.
The GLD and SLV: Legitimate Investment Vehicles or Not?
http://www.ibtimes.com/articles/20090715/gld-and-slv-legitimate-investment-vehicles-or-not.htm
SILVER VIRAL PROJECT
It is time to end the manipulation of silver and gold by the
Federal Reserve and the banks, mainly JP Morgan and HCBC.
They are trying to keep the citizens of this country out of these
precious metals by creating instability of the daily trading in
the COMEX and the London exchange.
Their interference keeps the prices cheaper at US taxpayer’s
expense while other banksters bolshevistic nations, mainly China,
Russia, India and others, reap the benefits buying and
accumulating silver and gold at a bargain.
The future of the US Dollar as an international currency is coming
to an end and other countries are positioning themselves to
benefit by having large silver and gold reserves on which
the new international currency will be based.
http://lonerangersilver.wordpress.com/silver-viral-project/
The Federal Reserve is the privately owned central banking system of the United States. It was conceived by several of the world’s leading bankers in 1910 and enacted in 1913, with the passing of the Federal Reserve Act. The passing of the Federal Reserve Act was largely a response to another orchestrated financial panics and bank runs, the most severe of which being the Panic of 1907.
http://ezli007.blogspot.com/2011/07/us-federal-reserve-bank-goldman-sachs.html
Goldman Sachs received $12.9 billion in public funds through
Federal Reserve Banks Bailout Scheme then just 6 months later
on 30th October 2008 it was reported that Goldman Sachs was
preparing to hand out £7billion for salaries and 2008 year-end bonuses.
http://ezli007.blogspot.com/2011/07/us-federal-reserve-bank-goldman-sachs.html
The Real Housewives of Wall Street -
Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?
http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411
Goldman Sachs Took Biggest Loan From Undisclosed 2008 Fed Crisis Program
http://www.bloomberg.com/news/2011-07-06/goldman-took-biggest-loan-in-fed-program.html
Goldman Sachs & Co., a unit of the most profitable bank in Wall Street history, took $15 billion from the U.S. Federal Reserve on Dec. 9, 2008, the biggest single loan from a lending program whose details have been secret until today.
Btw.
$15 billion = $15,000 thousand millions = $15,000,000,000.-
http://www.dailypaul.com/169985/goldman-took-biggest-loan-in-secret-fed-program
(..and horse thieves etc. used to be hanged in US -
but no banksters goes to jail?
the banksters friends in supreme court -
so NO one afraid for nothing?)
Warren Buffett publicly supports bailout after buying $5 Billion in Goldman Sachs stock
http://www.dailypaul.com/64880/warren-buffett-publicly-supports-bailout-after-buying-5-billion-in-goldman-sachs-stock
(W.B...got inside info ??? - all inside info legal ???
- the friends in supreme court to protect all B.S. friends?)
real unemployment-25.3 million Americans.
Some surveys show, that 32% of American adults are not working. If we don’t replace out corrupt establishment, it will not be every 3rd, it will be every 2nd american not working
Real Unemployment Rises to 16.2% in June —
25.3 Million People Friday, July 08, 2011 By Matt Cover (CNSNews.com) –
The real unemployment rate rose to 16.2 percent in June,
the Bureau of Labor Statistics (BLS) reported on Friday,
marking a return to levels not seen since January 2011.
The “real” unemployment rate is technically a combination
of three measures of unemployment: the unemployment rate,
the number of people working part-time who want full-time work, and the number of people “marginally attached” to the workforce Look we if the US does not inject 3 trillion $ more in a dyeing US economy with no one in jail for stealing all that cash
and with no jobs created in the USA
E.G.,
I AM BUYING MORE SILVER GPL AND USSIF SILVER MINES BARGAIN STOCKS !!!
Ron Paul’s Surprisingly Lucid Solution to the Debt Ceiling Impasse
Dean Baker
July 2, 2011 | 12:00 am
http://www.tnr.com/article/politics/91224/ron-paul-debt-ceiling-federal-reserve
I AM BUYING MORE GOLD GG AND CALVF GOLD MINES BARGAIN STOCKS !!!
http://www.infowars.com
Everything’s OK with Economy, Go Back to Sleep -
by 0-admini. ussr fema fiat bolshevikz? -
http://jsmineset.com/
http://wakeupfromyourslumber.com/node/9677
Fleeing Dollar Flood & Fraud (E141)
CALVF - In GOLD we TRUST -
The foundation of a return to “sound money” has been
laid Guilt without atonement?
Excessive structural debt suggests further appreciation of
gold Negative real interest rates continue to provide gold
with a perfect environment No reason for “AUROPHOBIA”
Adieu “Exorbitant Privilege“
Why gold is (still) no bubble Excursus:
the creation of money from the perspective of
the Austrian School of Economics
The monetary system at the crossroads –
on the way to anew gold standard?
Gold as portfolio insurance Gold mining shares
with historically low valuations
Risk/return profile of gold investments remains very favorable
Next target price at USD 2,000 At the end of the parabolic
trend phase we expect at least USD 2,300/ounce -
http://www.caledoniamining.com/pdfs/01242011.pdf
http://www.caledoniamining.com/rooi1.php
http://www.caledoniamining.com/nam1.php
http://www.caledoniamining.com/
http://www.proactiveinvestors.co.uk/companies/news/30240/caledonia-mining-shares-worth-well-in-excess-of-the-current-price-says-city-broker-collins-stewart-30240.html
http://www.proactiveinvestors.co.uk/LON:CMCL/Caledonia-Mining/
Jim Rogers on Whether Silver Will Hit $100/oz.
http://www.dailypaul.com/162345/jim-rogers-on-whether-silver-will-hit-100-oz
http://www.dailypaul.com/164309/forbes-return-to-gold-standard-within-5-years-prediction
BEWARE banksters cults;
http://www.reformation.org/adolf-hitler.html
Buy = Silver = Kesef = Money =
gold, buy silver, have faith -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62995826
God Bless
Silver = Kesef = Money =
well, Silver also means Money in my Hebrew
well, the REAL MONEY since 1000s of years -
= the more manipulation = the higher Ag will FLY =
= well, old timers said fiat$1000 in our Ag=Kesef Money =
= well, be Safety LT for our Family
http://maxkeiser.com/
= well, told you since the turn around $2,55 =
= well, the LT Ag train GOING UP =
= well, get OFF the fence =
= well, join USSIF the Jer-USA-lem Ag ride =
= well, the faster the better FLY FY
God Bless
No question about Silver investing but what to do with FMNJ. When it is going to move. Have u read today's PR?
Road to Roota & The Silver Liberation Army
Max Keiser update
http://www.roadtoroota.com/public/574.cfm
http://investorshub.advfn.com/boards/replies.aspx?msg=61952863
Montanore' on 'SILVER (Ag) PRODUCERS'
Silver 1st LT Target $800 were Ag been before
all get off the fence welcome join the Ag train
Silver valley next to Ag Profitwilly
USSIF -
http://investorshub.advfn.com/boards/board.aspx?board_id=12388
UMGZF -
http://investorshub.advfn.com/boards/board.aspx?board_id=19671
NJMC old great US Silver mines
http://investorshub.advfn.com/boards/board.aspx?board_id=3325
HL -
http://investorshub.advfn.com/boards/board.aspx?board_id=6097
the old timers got only a sniff of
the Silver Valleys great Ag treasure chest below
new drilling and mining state of art tech. will make
great new Ag richer than ever discoveries
we are only down about 2-3 miles comp. to the
Au mines in SA is 25.000 feet below sea level -
it will be more and more autom. robotic mining
done from the computers
and lower mining cost with much Higher Ag prices
God Bless
Keiser Report: Mad Mob vs Midwest Mubaraks (E130)
vozmil thank you,
the 888-mission goes in the right direction
http://franklinmining.com/2011/03/14/hello-world/
btw.
How To Protect Yourself From Radiation Exposure
Monday, March 14, 2011 12:13
http://beforeitsnews.com/story/481/863/How_To_Protect_Yourself_From_Radiation_Exposure.html
Radiation Leaks in Japan Could Last Months
Monday, March 14, 2011 10:58
http://beforeitsnews.com/story/481/736/Radiation_Leaks_in_Japan_Could_Last_Months.html
Reactor #3 Was Plutonium Based Mox: Nuclear Crisis Multiplies Exponentially
Monday, March 14, 2011 10:56
http://beforeitsnews.com/story/481/732/Reactor_3_Was_Plutonium_Based_Mox:_Nuclear_Crisis_Multiplies_Exponentially.html
God Bless
Have u read the latest shareholder letter on FMNJ web site? I Do not know what to say b/c of previous such declarations. How do u feel about this letter? Lot of things together. There are some I never heard of before.
The Silver from the 4824 m high Cerro Rico (Rich Mountain) -
once made Potosi the biggest city in the Americas -
and one of the richest in the world -
"I am rich Potosi -
Treasure of the world -
The king of all mountains -
And the envy of all kings" -
Legend on 16th-century Potosi -
Potosi - coat of arms -
http://www.boliviaweb.com/photogallery/potosi0.htm
Potosi -
the city which grew up at the foot of the hill -
was said the streets to be paved with Silver -
and became a byword for luxury and splendour -
At the height of its splendour -
in the 17th Century, Potosi was one -
of the largest cities in the world -
Cerro Rico, or "Rich Mountain" -
The Worlds Richest Silver Mine -
has been mined for more than -
- 500 years.
Indeed, so rich did Cerro Rico -
prove to be that the Spanish -
colonists dreamt of building -
a bridge of solid silver all -
the way from Potosí to Madrid.
Since the date mentioned until 1719 -
great bonanza periods have been reported -
for the quality of the mineral -
with ore contents between 1,500
and 9,000 silver ounces per ton.
http://tinyurl.com/uq8b5
http://whc.unesco.org/en/list/420
I AM RICH POTOSI:
The Mountain That Eats Men -
or is it - the el tio ? - 666 - That Eats Men -
the 666 bobo is a nono -
to normal Safety Standard Mining methods of precautions -
http://www.culturesontheedge.com/gallery/archives/potosi/index.html
History short snippet reflexion -
When the Spanish conquistadors first arrived in the new world -
in the 1500s, they were surprised to find a highly advanced
civilization the Aztecs of Mexico at one time their empire
stretched throughout central and North America.
Their capital city featured towering pyramids and beautiful
palaces.
But the conquistadors were shocked to discover that the Aztecs
practiced a barbaric religious ritual of human sacrifice.
In fact, the Aztecs, from ancient times to the 1500s, may have
sacrificed more people to their gods than any other culture
in human history.
When the great temple was dedicated in 1487, priests sacrificed
thousands of people in a single day.
The Aztecs sacrificed to all the gods and goddesses often
through bloodletting on the heights of the pyramids.
Again, we find that this was not a primitive culture compared
to the rest of the world at that time.
It was a highly advanced society of artists, craftsmen, and
priests. Yet they spilled more human blood tot heir gods
than any other culture in history.
One account by a Spanish conquistador tells of a skull rack
containing 136,000 heads of victims who had been ritually
murdered.
The Spanish were horrified. In response, they massacred the
Aztecs, tore down their temple and built -
a cathedral in its place.
Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the COMEX is over but physical supply remains limited while demand remains robust, particularly in China, India and wider Asia.
Knowledgeable experts continue to urge investors to own gold and silver due to the likelihood of much higher prices, currency and inflation risk.
One of the most respected global technical and macro strategists in the world, Robin Griffiths has said that silver and gold could rise to $450 and $12,000 per ounce respectively due to the debasement of paper currencies.
Dow Jones to Gold Ratio - 50 Years (Quarterly)
Griffiths was chief technical strategist with HSBC for over 20 years, has 44 years investment experience and now works for Cazenove Capital, one of the oldest investment houses in the world tracing its origins back to the 17th century. It manages money on behalf of blue blooded clients and is widely believed to manage some of the British Royal family's wealth.
When asked by King World News if his $350 target was a realistic price level for silver Griffiths stated, "That is absolutely not unrealistic. If you adjust the old all-time high for inflation...that gives you $450 for silver. Then you add in the fact that they are printing money, you can take it higher than that without any difficulty at all."
Dow Jones Industrial Average - 50 Years (Quarterly)
Griffiths told King World News that "Bulls (bull markets) are very successful at wobbling people out at the wrong time. "
Griffiths has previously said that not owning gold today is a form of insanity and "may even show unhealthy masochistic tendencies, which might need medical attention." (see here)
He has also critiqued the western media's superficial coverage of gold and their resort to Warren Buffett's ignorant comments on gold despite money printing and international currency debasement on a scale never before seen in history .
Meanwhile perhaps the leading commodity expert of our time, Jim Rogers, has said that silver was not and is not a bubble.
Regarding the recent price correction he said, "I don't know what caused it maybe it was short covering, maybe it was rumors. I have no idea." He continued "silver went down a great deal but if you raise margin requirements 150%-200% you would expect something to collapse," he added.
"I hardly see how silver could be a bubble when, even at its top, it's still below its all-time high. That's not much of a bubble."
If it goes to $150 this year, all other things being equal, then I'd say you better sell your silver. If it goes to $150 in 10 years then I would say that's a normal progression up and that's the way things work. But if the U.S. dollar suddenly turns into confetti then you better hold your silver at $200. So it depends on the circumstances and the timing more than anything else.
Since 2003, GoldCore have said that gold and silver would reach their inflation adjusted highs of $2,400/oz and $130/oz. Our estimates appear increasingly conservative especially given the fact that the official inflation statistics have been debased over the years and are not an accurate reflection of real inflation.
Predicting the future price of any asset class is impossible. Predicting that gold and silver will continue to protect against financial and economic shocks and crashes and global currency debasement is possible.
The current correction should be used as another buying opportunity in order to protect against the continuing extraordinary degree of macroeconomic, monetary and geopolitical risk in the world.
SILVER (Ag) PRODUCERS
& Related Juniors:
in no particular order
Franklin Mining, Inc. -
http://www.franklinmining.com/aboutfranklin/ourhistory.html
http://www.investorshub.com/boards/board.asp?board_id=5810
CDE Mission -
http://www.investorshub.com/boards/read_msg.asp?message_id=19737387
http://www.investorshub.com/boards/read_msg.asp?message_id=14119376
2005, Pan American -
increased its interest in San Vicente to 55% -
the Company also negotiated another toll milling
agreement with EMUSA -
under which ore will be processed at a nearby -
facility until the mill on site at -
San Vicente - is to be refurbished in 2006 -
www.ivarkreuger.com/metalcharts.htm
http://www.investorshub.com/boards/read_msg.asp?message_id=12004807
Atlantis in the Andes -
http://video.google.ca/videoplay?docid=-3316733253690634802&q=INCA+bolivia
Bolivia is the landlocked "heart" of South America -
http://www.investorshub.com/boards/read_msg.asp?message_id=15778588
http://video.google.ca/videoplay?docid=-5321262859749832389&q=INCA+bolivia
Looking down from the 6088m high summit -
of Huayna Potosi in Bolivia -
http://www.investorshub.com/boards/read_msg.asp?message_id=15778088
http://video.google.ca/videoplay?docid=-7631799111262366547&q=INCA+bolivia
http://video.google.ca/videoplay?docid=165116598393419221&q=INCA+bolivia
http://video.google.ca/videoplay?docid=3517786178230461443&q=INCA+bolivia
Silver LT following Rhodium -
Rh is frontrunner to Ag -
The Old Franklin Mines -
- has been trading above $100.00/share by Franklin Mines -
owned in US - still own them -
FMNJ - now also Cerro Rico interest -
- history often repeat itself -
http://www.franklinmining.com/Home/tabid/1215/Default.aspx
THE FRANKLIN WANTS YOUR:
SUPPORTS, Tia -
Amen
Franklin Mining, Inc. -
(OTC Pink Sheets:FMNJ - News), working through two
Bolivian subsidiaries, is today confirming that a
Letter of Intent has been signed with COMIBOL for
mining operations at - The Cerro Rico Mine -
in Potosi -
http://tinyurl.com/y54k7r
Silver - history - very Long Term LT oversold - undervalued -
the manipulation creates hardship for Silver miners worldwide -
in the future it will explode - the more manipulation -
the higher Silver will fly -
(to see the 600yearsilver chart chart - put your mouse arrow to the box -
use the right side -
button on your mouse -
click view image)
"We have gold because we cannot trust Governments."
President Herbert Hoover
dd....
http://www.publicgold.com/tryit
dd....
http://www.PublicGold.com/tryit.net
Biggest Scam In History -
(speakers on )
http://www.wtv-zone.com/Mary/FEDERALRESERVE.HTML
Video Info - What is -
Money, Banking and the Federal Reserve -
Link (on the left index-column) -
http://www.ivarkreuger.com
- are the banksters naked short selling? -
- US stock shares? -
- You to be the judge! -
SILVER Monthly Long Term -
http://www.mrci.com/pdf/si.pdf
SILVER Monthly Short Term -
This oscillator shows strength & weakness in the price movements
with highs being in the sell zone & lows being in the buy zone.
http://www.silverinstitute.org/news/index.php
First Quarter Silver News 2006
http://www.silverinstitute.org/news/1q06.pdf
Commodity Fundamentals -
http://www.apexsilver.com/home.html
Welcome to join and enjoy SILVER (Ag) PRODUCERS -
InvestorsHub forum...
tell us your opinion and
ask your questions...
Imo. Tia.
Brgds.
Bob
Precious Metals Spot Price's -
Silver Charts In Global Currencies
Australian Dollar British Pound Canadian Dollar
Chinese Renminbi European Euro Indian Rupee
Japanese Yen Swiss Franc South African Rand
updated weekly
http://www.goldrush21.com/
The Hebrew word for money is "keceph", which
is translated to mean "silver."
Silver Supply & Demands -
Banking cartel info -
http://www.netcastdaily.com/broadcast/fsn2006-1028-2b.m3u
Money Masters: Federal Reserve History part 1 of 3
http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy
Money Masters: Federal Reserve History part 2 of 3
http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy
Money Masters: Federal Reserve History part 3 of 3
http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy
Precious Metal Charts Page -
http://tinyurl.com/8bhho
Gold Bullion Weekly compared to fiat Currency Chart Page -
http://www.netcastdaily.com/broadcast/fsn2006-1118-1.m3u
http://www.netcastdaily.com/broadcast/fsn2006-1202-2b.m3u
http://www.netcastdaily.com/broadcast/fsn2006-1202-2c.m3u
A must see video clip on the Federal Reserve -
and the current state of the Dollar...
http://www.freedomtofascism.com/blog/2006/12/michael-badnarik-on-federal-reserve.html
Those who make peaceful REVOLUTION impossible will
make violent REVOLUTION inevitable.
- John F. Kennedy
Shut Down The Federal Reserve: Save America!
http://www.ipetitions.com/petition/AFTF_P_1/
†With God all things are possible†
by: todd h
ROB-TV in exposing the Gold price suppression scheme -
http://www.youtube.com/watch?v=GbPetrK_6Lc&mode=related&search=
Join GATA -
http://www.GATA.org.
Gold Show -
2007 Vancouver Resource Investment Conference
Vancouver Convention and Exhibition Centre
http://www.cambridgeconferences.com/
TIA.
Silver - LT Strong Bull Trend Started -
1st LT Bull wave - 1st correction -
4 more LT Bull waves to Go -
Gold - LT Strong Bull Trend Started -
1st LT Bull wave - 1st correction -
4 more LT Bull waves to Go -
(Elliott Wave 5-wave Elliott Pattern)
2007 Outlook for Gold and Silver -
http://tinyurl.com/ueno9
of GoldSeek.com and SilverSeek.com says that
dollar weakness could push up price...
Silver Brothers -
http://www.silverbrothers.com/index.html
THE FIRST GREAT GOLD RUSH began in 1971....
and Gold followed Silver Bull....
Second wave LT trend started - of the 5-wave Elliott pattern -
THE FIRST GREAT GOLD RUSH began in 1971...
gold prices ran from $35 to over $700, a twentyfold rise!
A decade later, prices settled near $300,
nearly a tenfold increase!
THE SECOND GREAT GOLD RUSH, Phase One began in 2001....
gold prices have run from $275 to over $675 (25% growth/year!)
Not bad, but this is still just the warm up phase!
THE SECOND GREAT GOLD RUSH, Phase Two begins in 2007...
gold prices are expected to climb above $750 this year!
If gold prices rise twenty-fold from $275,
that's a $5,500 peak price,
with gold settling near $2,750,
a tenfold increase and 400% higher than today's price.
Investing in Silver: Silver Has Enduring Value
http://www.sim.org/
http://tinyurl.com/y824mv
http://www.flw.com/merry.htm
http://www.victorious.com/reports/ccane.htm
http://www.vatican.va
http://tinyurl.com/365wag
Gold & Silver is Money = not paper, not electronic credits,
not chips and not polo-ticz fiatz666counterfeitz -
The Fiat Money System -
Dr. Bill Veith in studio w/ Alex Jones -
http://tinyurl.com/y3gdzh
http://www.ushistory.org/franklin/info/benshow.htm
http://www.ushistory.org/tour/tour_christc.htm
http://www.ushistory.org/tour/tour_fcourt.htm
http://www.ushistory.org/tour/tour_franklinsq.htm
http://www.ushistory.org/index.html
http://www.informationliberation.com/?id=12389
GATA WILL DEMAND TRUTH - ABOUT U.S. GOLD RESERVES -
Contributions may be sent to:
Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, Connecticut 06043-7541
USA
HON. RON PAUL OF TEXAS -
Before the U.S. House of Representatives -
The End of Dollar Hegemony -
http://tinyurl.com/uq9kf
The Financial System Is A Farce -
http://www.sprott.com/pdf/marketsataglance/10_2007.pdf
by Eric Sprott who spells it our clearly -
http://www.usaidbolivia.org.bo/
http://www.usaidbolivia.org.bo/US/PressReports.htm
The United States Mission in Bolivia -
http://bolivia.usembassy.gov/english/about.htm
http://bolivia.usembassy.gov/
http://www.rothschild.com/history/
Colorado And Utah Oil Shale Deposits To Rival OPEC Oil Reserves
May 2007 | Industry News
According to the US Geological Survey (USGS),
the oil shale deposits in the US are likely to hold
as much as 1.5 trillion barrels (bbl) of Oil & Gas ....
http://www.oilandgasinsight.com/file/45605/colorado-and-utah-oil-shale-deposits-to-rival-opec-oil-re....
Presbyterian Church (U.S.A.) - Joining Hands -
Illuminating the life of child miners in Bolivia -
http://www.pcusa.org/joininghands/stories/bolivia_cerror_rico.htm
God Bless You, and the USA missions -
http://www.youtube.com/watch?v=-Rnf7DS5YlQ
In God We Trust -
God Bless
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