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Hedgebunny welcome to Silver Futures Dec 2014 -
following mark #36 to you -
Jim Willie: Russia & China nuking the Dollar / BRICS bank coming / Gold standard....more
Hi Bob, thanks for that chart, interesting!
~ Bob is their any way to calculate how many YWAN dollars their are? Noticed their was 8532 tons potentially held by China? If so, is it possible to divide the gold into the amount of Ywan Dollars, to see if China can potentially arm their dollar, backed by precious metals? (GOLD,SILVER,PLATINUM)
* China's production is going up on gold and they are importing more and more. Bob, does your chart look that way for SIlver, Platinum, Paladium? Do you think if China backed their dollar with all the precious metals they have a shot at Arming their Ywan dollar backed by precious metals? Maybe they can't back it with gold alone, but maybe with all the metals China can?
~~~~~~~ BOB, I worry with our National Debt that another country like CHina could take on our WORLD US TRADING DOLLAR, and the rest of the world would switch to China's backed by metals YWAN dollar? That would crash the BOND MARKET wouldn't BOB? I mean pretty quick, BOnds would start to go bankrupt unless they were INSURED??? BOB, would INsured Muni BOnds AAA rated make it?Wall st would crash wouldn't it? Housing Market, employment, GNP, GDP all down the drain wouldn't it? It would be like the fall of ROME wouldn't it? Overnight? or slow? BOb, any ideas? THanks Bob for your opinions of speculations.
~~~ With our debt, is their anything US could do to thwart this kind of scenario, BOB? What should i look for in the news BOB as tale tale signs this is happening as time goes on?
Chinese Gold Production plus Net Imports -
- the more a commodity be manipulated - the HIGHER IT WILL FLY -
USA people robbed and plundered of GOLD by their big brother -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103460356
bargain time, bargain prices often best before the masses comes in -
let's compare the PM's charts often -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103449529
http://finance.yahoo.com/quotes/btg,stadf,sgrcf,mpucf,gg,usgif,calvf,gpl,lsg,ng
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103526764
God Bless
Bo Polny lends insight on his forecast of $2000+ Gold in 2014.
Interview was conducted at the annual Metals & Minerals Investment
Conference in New York City at the Now York Marriott Marquis -
http://vimeo.com/95321069
Caledonia Mining Corporation - Highlights: The 99th Minesite Forum -
http://www.brrmedia.co.uk/event/123937/mark-learmonth-vp-investor-relations-and-corporate-development
ALERT: Caledonia Mining Cp (CALVF)
CALVF Trader's Cheat Sheet -
http://www.barchart.com/cheatsheet.php?sym=CALVF
CALVF Technical Analysis Summary
http://www.barchart.com/technicals/stocks/CALVF
CALVF Detailed Opinion -
http://www.barchart.com/opinions/stocks/CALVF
CALVF Snapshot Opinion -
http://www.barchart.com/snapopinion/stocks/CALVF
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103500717
Hi BOB,
~~~~~~~~ Bob, i have been watching a lot of DISCOVERY CHANNEL and according to some ideas, our currency is looking a little shaky they say, and our debt is more than common knowledge in the TRILLIONS. It becomes apparent after WW2 that the world adopted some kind of US dollar acceptance as trade allowing countries to settle debts in dollars US.
~~~~~~~~ It is common knowledge now that our DOLLAR is not backed by gold or silver anymore, therefore what i saw on DISCOVERY CHANNEL was a plot by CHINA to some how buy up Enough gold so they could put their YWAN dollar in place of the now US TRADING DOLLAR because people will want to trade with DOLLARS that are backed by something (GOLD)? SILVER?
~~~~~~ What impact as AMERICANS would we feel if for some reason CHINA said we are backing all our dollars with GOLD, and therefore when it came to trade, they denied AMERICAN DOLLARS in form of accepting GOLD backed China Dollars??? Hey BOB, thanks for your time, it looks like to me in the short term silver is going down in my opinion, summer is approaching and the graph looks pretty Junk in my opinion of speculation only.
Great Panther Silver, Ltd. (GPL) the more cabal manipulation -
the higher we will FLY -
GPL Corporate Presentation -
http://www.greatpanther.com/English/Investors/Corporate-Presentation/default.aspx
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98337450
God Bless
Hedge Funds Are Switching To Gold And Silver -
People saw gold was oversold and undervalued last year and
fiat-currencies moving to gold mines equities -
http://www.bloomberg.com/news/2014-02-02/hedge-funds-raising-gold-wagers-dump-copper-commodities.html
JPMORGAN LOSES 44% OF GOLD INVENTORIES IN 4 DAYS!
Dow Jones Industrial Average ($INDU)indu-train -
- is sentiment shifts to favor Gold and Silver over
currency alternatives -
Fyi.
do a dd...for a low cost gold mines producer with
very low labour cost and taxes....
Caledonia Mining Corp. -
CALVF:NASDAQ - TSE:CAL - CMCL Aim London -
“Cash costs at the Gold mine are running
at $554/oz - one of the lowest cost -
gold producers in the world -
which positions the company well to keep
generating cash to self-fund expansion and
paying dividends every quarter to shareholders -
CAL has more than $25 million in cash in
Western London banks and NO DEBT -
http://www.commodity-tv.net/c/mid,21943,Mines_und_Money_London_2013/?v=252888
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67548731
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95869580
CALVF employ more than 1000 happy miners -
who got 15% ownership in Blanket Gold Mines -
the miners work very good for they work
for them self -
Kingdoms of Africa - Great Zimbabwe -
Eric Sprott 2014 Price Prediction Gold & Silver Will Hit New Highs -
Open Letter to the World Gold Council
http://sprottglobal.com/markets-at-a-glance/maag-article/?id=8424
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91803747
God Bless
Maybe reversal is on for Silver Futures here, chances are way better than average -
Silver is often a frontrunner to GOLD -
E.g.,
How Far Up Could Silver Go?
Thursday, September 26, 2013 23:51
Recent trading patterns here have been similar to early 2010 and
this continues to be the case. Back then, lower prices were not
seen again once the bottom was reached and the rally began.
This could very well be the case once again.
A second LT long-term silver chart today because if
this is the final bottom (the long-term support line suggests so) and if
after a prolonged consolidation, we get a rally similar to
2010-2011, we could be looking at a rally to the $77 level.
http://beforeitsnews.com/gold-and-precious-metals/2013/09/how-far-up-could-silver-go-11-2529798.html
U.S. Silver & Gold Inc. (USGIF) Presentations -
September 23, 2013
http://www.us-silver.com/Investors/Presentations/default.aspx
http://www.us-silver.com/Corporate/Overview/default.aspx
http://www.us-silver.com/Home/default.aspx
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91786741
Note;
fiat currency created by khazarian gypsy king pin Rothschild
banksters 666 cult -
as a slave 666 currency with only air and paper backing it -
beware soon NO ONE want the paper fiat -
Gold and Silver Predictions 2013 Economic Outlook -
http://www.youtube.com/watch?v=Ee3djMfTZ6o
Silver Futures (SI\Z13)
19.485 ? 0.049 (0.25%)
Volume: 295 @ 9:49:31 AM ET
Bid Ask Day's Range
19.51 19.53 19.36 - 19.61
COMEX:SI\Z13 Detailed Quote Wiki
U.S. Silver & Gold I (USGIF)
0.845 ? -0.045 (-5.06%)
Volume: 14,296 @ 11:14:42 AM ET
Bid Ask Day's Range
0.87 0.89 0.845 - 0.89
USGIF Detailed Quote Wiki
U S Silver & Gold (USGIF)
1.48 ? -0.0675 (-4.36%)
Volume: 19,728 @ 3:27:31 PM ET
Bid Ask Day's Range
1.46 1.52 1.48 - 1.557
USGIF Detailed Quote Wiki
U.s. Silver & Gold I (USGIF)
1.958 ? -0.014 (-0.71%)
Volume: 20,739 @ 3:48:00 PM ET
Bid Ask Day's Range
1.93 1.97 1.95 - 2.0159
USGIF Detailed Quote Wiki
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78392197
U.s. Silver & Gold I (USGIF)
2.4 ? -0.034 (-1.40%)
Volume: 2,796 @ 11:45:29 AM ET
Bid Ask Day's Range
2.38 2.4 2.39 - 2.419
USGIF Detailed Quote Wiki
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78392197
USSIF Chart P&F TA Alert Bullish Price Objective $3.1 per share -
http://www.us-silver.com/Theme/USSilver/files/USA_RX_Merger_FAQ_FINAL.pdf
USSIF $SILVER Chart P&F TA Alert Bullish Price Objective $58.-/oz
HL The announcements were made in conjunction with the
release of Hecla’s earnings report for the second quarter.
Hecla listed net income of $2.4 million, or a penny a share,
down from $33.2 million, or 12 cents a share,
in the same period a year ago.
Factors behind the decline included temporary suspension
of mining at Lucky Friday, $6.5 million in suspension-related
costs, lower grades at the Greens Creek Mine in Alaska, and
lower silver and base metals prices than the same period
a year ago.
No production from Lucky Friday is expected this year after
the federal Mine Safety and Health Administration ordered
the Silver Shaft to be closed for removal of built-up sand and
concrete material.
The shaft is the primary access to Lucky Friday.
This also disrupted other significant activities at the mine,
including construction of the No. 4 Shaft.
“The current rehab work at Lucky Friday has exceeded our
expectations and has been completed through the important
4,900-foot level,” said Hecla’s President and Chief Executive
Officer, Phillips S. Baker Jr., during a conference call
in conjunction with the earnings report.
http://www.forbes.com/sites/kitconews/2012/08/07/hecla-lucky-friday-rehabilitation-ahead-of-schedule-to-withdraw-offer-for-u-s-silver/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78285289
http://www.us-silver.com/Theme/USSilver/files/USA_RX_Merger_FAQ_FINAL.pdf
USA:TSE U.S. Silver Corp. - USSIF what an Ag bargain -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66601254
USSIF $SILVER Chart P&F TA Alert Bullish Price Objective $58.-/oz
http://www.us-silver.com/
USA:TSE U.S. Silver Corp. - USSIF what an Ag bargain -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66601254
U.S. Silver Corporat (USA)
0.45 ? 0.0 (0.00%)
Volume: 515,754 @ 3:58:36 PM ET
Bid Ask Day's Range
0.45 0.455 0.44 - 0.47
TSX:USA Detailed Quote
U.S. Silver Corporat (USA)
0.76 ? 0.06 (8.57%)
Volume: 2,559,466 @ 11:00:17 AM ET
Bid Ask Day's Range
0.75 0.76 0.71 - 0.78
TSX:USA Detailed Quote
Cdn Zinc Corp J (CZN)
1.11 ? -0.1 (-8.26%)
Volume: 870,277 @ 3:59:46 PM ET
Bid Ask Day's Range
1.1 1.12 1.03 - 1.2
TSE:CZN Detailed Quote
Cdn Zinc Corp J (CZN)
0.64 ? -0.02 (-3.03%)
Volume: 208,407 @ 3:58:35 PM ET
Bid Ask Day's Range
0.64 0.65 0.64 - 0.66
TSE:CZN Detailed Quote
Cdn Zinc Corp J (CZN)
0.67 ? 0.0 (0.00%)
Volume: 96,348 @ 3:54:56 PM ET
Bid Ask Day's Range
0.65 0.67 0.65 - 0.67
Full TSE:CZN Quote
Cdn Zinc Corp (TSE:CZN)(USD)$0.61 UP $0.03 +5.17%
Bid 0.6
Ask 0.61
Volume 253,658 good demand
Days Range 0.56 - 0.62
Last Trade 9/22/2010 11:59:09 AM
Detailed CZN Stock Quote
Canadian Zinc Corp. (Toronto: CZN) (OTCBB: CZICF)
http://inflation.us/czn.html
http://www.canadianzinc.com/
Denver Gold Show Presentation
CZN owns about 15- 20% ? of
Vatukoula Gold Mines
go to the 13:40 presentation
for more info -
http://www.gowebcasting.com/conferences/2010/09/20/denver-gold-forum
TSE › CANADIAN ZINC (TSE:CZN)0.58 0.00 (0.00%)
2010-09-21 16:16:15, 15 min delay
CZN chart signal catch UP target for old price TOP
long overdue - oversold - undervalued -
Cdn Zinc Corp J (TSE:CZN)
Last Price (USD) $0.43
Change ? -0.01 (-2.27%)
Bid 0.43
Ask 0.44
Volume 39,500
Days Range 0.43 - 0.445
Last Trade 8/6/2010 10:23:56 AM
Click for detailed quote page
Cdn Zinc Corp J (TSE:CZN)
Last Price (USD) $0.45
Change ? 0.005 (1.12%)
Bid 0.445
Ask 0.45
Volume 152,950
Days Range 0.44 - 0.47
Last Trade 5/12/2010 3:58:56 PM
Click for detailed quote page
Cdn Zinc Corp Com Np (TSE:CZN)
Last Price (USD) $0.41
Change ? 0.005 (1.23%)
Bid 0.405
Ask 0.41
Volume 99,056
Days Range 0.405 - 0.42
Last Trade 3/4/2010 4:38:21 PM
Click for detailed quote page
Cdn Zinc Corp Com Np (TSE:CZN)
Last Price (CAD)
$ 0.31
Change
? -0.005 (-1.59%)
Bid 0.31
Ask 0.315
Volume 106,817
Day's Range 0.31 - 0.32
Last Trade 3:41:07 PM EST
Click for Detailed Quote Page
Cdn Zinc Corp Com Np (TSE:CZN)
Last Price (CAD)
$ 0.345
Change
▲ 0.02 (6.15%)
Bid 0.34
Ask 0.35
Volume 116,556
Day's Range 0.33 - 0.345
Last Trade 3:57:38 PM EDT
Click for Detailed Quote Page
Cdn Zinc Corp Com Np (TSE:CZN)
Last Price (CAD)
$ 0.245
Change
▲ 0.005 (2.08%)
Bid 0.245
Ask 0.25
Volume 55,750
Day's Range 0.24 - 0.25
Last Trade 2:09:03 PM EDT
Click for Detailed Quote Page
Cdn Zinc Corp Com (TSE:CZN)fiat(CAD)$0.275 UP $0.015 (+5.77%
Bid 0.27
Ask 0.28
Volume 89,750
Day's Range 0.26 - 0.275
Click for Detailed Quote Page
Last Trade:13:45:07 EDT Jun-8-09
Nice and steady up up Great
http://finance.yahoo.com/news/Canadian-Zinc-Reports-iw-15441988.html
http://finance.yahoo.com/q?s=CZN.TO&.yficrumb=btlni7S0%2Fdp
Today World Resource Investment Conference
June 7 - 8, 2009
Vancouver Convention and Exhibition Centre
http://www.cambridgehouse.ca/index.html
http://www.cambridgehouse.ca/ch_register.html
CANADIAN ZINC OPTIONS TUVATU GOLD PROJECT, FIJI
Vancouver, British Columbia, May 19, 2009 -
Canadian Zinc Corporation -
(TSX: CZN; OTCBB: CZICF) is pleased to announce that it has entered into an Option Agreement on the Tuvatu Gold Project in Fiji.
Tuvatu is a high grade gold deposit located on the island of Viti Levu, Fiji, in the heart of the Pacific "Rim of Fire," and located approximately 37 kilometres to the southwest of the 11 million ounce Vatukoula (formerly known as Emperor) gold deposit.
The Tuvatu Gold Project is situated approximately 15 kilometres by road from Nadi International Airport, the main international gateway to Fiji. The Tuvatu project consists of two adjoining Special Prospecting Licences with a total area of approximately 3,265 hectares along with a pending application for a further 7,300 hectares Licence.
Historically the majority of exploration on the property was completed by Emperor Gold Mining Company Limited ("Emperor"), an Australian ASX listed company. During 1995-2001 extensive exploration was carried out on the Tuvatu Project and it is reported that over $20,000,000 has been spent on project development to date.
According to the August 2000 Pre-Feasibility Study(1) completed by Emperor the geological resource(2) was estimated to be 1,844,000 tonnes grading 9.1 g/t (approximately 540,000 ounces). Indicated resources were stated to be 852,300 tonnes grading 7.71 g/t (contained gold of 211,000 ounces), while the inferred resources were stated to be 608,200 tonnes grading 14.47 g/t (contained gold of approximately 283,000 ounces).
(1) The Pre-Feasibility Study comments that "The statement of Ore Reserves and Mineral Resources for the Tuvatu Project conforms to accepted practice as defined in the Australian Code of Reporting of Identified Mineral Resources and Ore Reserves issued by the Joint Committee of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists, and the Australian Mining Industry Council ("JORC")." The 2000 Study was not prepared in accordance with Canadian National Instrument ("NI") 43-101 standards but in accordance with the JORC Australasian Code. The Company is treating this statement as a Historical Resource Estimate and not as a current resource or reserve verified by a Qualified Person in accordance with NI 43-101 and this Historical Resource Estimate should not be relied upon. Although CZN is not in a position to reconcile the reported resources to CIM standards under NI 43-101 the Historical Resource Estimate is considered to be relevant as indicative of the potential of the property as no significant exploration work has been carried out since that time.
(2) NI 43-101 does not recognize the term "geological resource".
The Tuvatu property has been extensively drilled and has over 1,300 metres of underground workings of which the majority is in the form of a 600 metre decline. The underground workings crosscut through multiple moderate to steeply dipping narrow gold bearing mineralization zones hosted by an intrusive monzonite unit and volcaniclastic units. Trial mining of the deposit confirmed the geological stability and mining techniques.
Two bulk samples were mined which were successfully treated through the Vatukoula operating process plant. Results suggested that the ore is amenable to cyanidation. Locations for further infrastructure, including a tailings pond, were demarcated at this time.
The August 2000 Emperor Pre-Feasibility Study determined that the Tuvatu project was economically viable. A preliminary mine plan was developed and it was estimated that the project would yield some 80,000 ounces of gold per annum, at a production rate of 400,000 tonnes per year, for a six and a half year mine life. At that time the proposed operation at Tuvatu was to benefit and take advantage of any cost savings measures the established mine at Vatukoula could offer, such as mill processing and skilled labor, to further optimize both operations.
The Tuvatu deposit remains open along strike and downdip leaving strong potential to expanding the existing gold resource. Further evidence of the expansion potential is indicated in over ten separate, under explored mineralized structures which have been identified on surface within a vicinity of three kilometres of the drilled historical resource area.
Option Agreement:
The Tuvatu Project is currently owned by American Eagle Resources, Inc. ("American Eagle") through its 100% owned Fijian subsidiary, Lion One Limited, the holder of the special prospecting licences and the special prospecting licence application comprising the Tuvatu property.
American Eagle was incorporated under the laws of Delaware on January 3, 1978 and was continued under the Business Corporations Act (British Columbia) on February 6, 2008. The Tuvatu property was acquired by American Eagle in September 2008.
Canadian Zinc has entered into an option agreement with Laimes Global Inc. ("LGI"), the majority shareholder of American Eagle, and has made an option payment of $1.8 million to LGI. Pursuant to the Option Agreement, Canadian Zinc has the option, at any time prior to October 30, 2009 (the "Option Period"), to require LGI to support the acquisition by Canadian Zinc of the Tuvatu property, via an amalgamation of American Eagle with a wholly owned subsidiary of Canadian Zinc (the "Amalgamation"), under which an aggregate of 16,250,000 common shares of Canadian Zinc would be issued to the former shareholders of American Eagle. Canadian Zinc has also entered into a voting support agreement with Red Lion Management Ltd. ("Red Lion"), another significant shareholder of American Eagle, pursuant to which Red Lion has agreed to vote in favour of the Amalgamation.
During the Option Period, Canadian Zinc has agreed to maintain the Tuvatu property in good standing and continue with the current exploration program at an estimated cost of approximately $500,000.
Vatukoula Gold Mines plc:
The Tuvatu Property was formerly part of the Vatukoula (Emperor) Mine. The Vatukoula Mine was acquired by Vatukoula Gold Mines plc, ("VGM") an AIM listed company, in April 2008. Canadian Zinc recently acquired 347,669,022 shares in VGM, and has agreed, subject to approval of Vatukoula shareholders, to acquire a further 200,000,000 shares, representing a combined 20% interest (see Canadian Zinc press releases dated April 9, 2009 and May 7, 2009).
Qualified Person:
Alan Taylor, P. Geo., Chief Operating Officer & Vice President Exploration and a Director of Canadian Zinc Corporation, is a Qualified Person for the purposes of NI 43-101 and has approved this press release.
About Canadian Zinc:
The Company's principal focus is its efforts to advance the Prairie Creek Mine, a zinc/lead/silver property located in the Northwest Territories of Canada, towards production. The Prairie Creek Mine is partially developed with an existing 1,000 tonne per day mill and related infrastructure.
Cautionary Statement - Forward Looking Information
This press release contains certain forward-looking information, including, among other things, the expected completion of acquisitions and the advancement of mineral properties. This forward looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the completion of transactions, the issue of permits, the size and quality of mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital costs, mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the outcome of legal proceedings, the timing of exploration, development and mining activities, acquisition of shares in other companies and the financial results of the company. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company does not currently hold a permit for the operation of the Prairie Creek Mine. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.
Cautionary Note to United States Investors
The United States Securities and Exchange Commission ("SEC") permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines prohibit U.S. registered companies from including in their filings with the SEC.
For further information contact:
John F. Kearney
Chairman
(416) 362- 6686
Suite 700, 220 Bay Street
Toronto, Ontario M5J 2W4
Alan Taylor
Vice President Exploration & Chief Operating Officer
(604) 688- 2001
Suite 1710 - 650 West Georgia Street , Vancouver, BC V6B 4N9
Tel: (604) 688-2001 Fax: (604) 688-2043
Tollfree:1-866-688-2001
A more extensive description of the Company's activities is available on the Company's web site at www.canadianzinc.com
E-mail: invest@canadianzinc.com
Website: http://www.canadianzinc.com
CANADIAN ZINC REPORTS FIRST QUARTER 2009 RESULTS
UPDATE ON PERMITTING PROCESS / ENVIRONMENTAL ASSESSMENT
Vancouver, British Columbia, May 15, 2009 - Canadian Zinc Corporation (TSX: CZN; OTCBB: CZICF) (the "Company" or "Canadian Zinc") announces its financial results for the quarter ended March 31, 2009. This press release should be read in conjunction with the unaudited financial statements and notes thereto for the period ended March 31, 2009, and management's discussion & analysis ("MD&A") for the period ended March 31, 2009 available on SEDAR at www.sedar.com.
As at March 31, 2009, the Company had cash and cash equivalents of $9.018 million, short term investments of $11.137 million and marketable securities of $2.355 million (for a total of $22.510 million). The Company also had a positive working capital balance of $22.394 million.
For the quarter ended March 31, 2009, the Company reported a net loss of $297,000 compared to a loss of $352,000 for the three months ended March 31, 2008. The reduced loss in 2009 was primarily attributable to the winter shutdown of the Prairie Creek Mine site, reduced overall expenditures and unrealized gains on the Company's marketable securities.
Applications for Operating Licence/Permit and Environmental Assessment
In May 2008, the Company applied to the Mackenzie Valley Land and Water Board ("MVLWB") for a Type "A" Water Licence and three Type "A" Land Use Permits ("LUPs"); one for the operation of the Prairie Creek Mine and the other two for Transfer Facilities along the road. A detailed Project Description Report was filed with the MVLWB as part of the permit applications.
In September 2008, following its preliminary screening the MVLWB determined that the proposed development might have a significant impact on the environment and might be of public concern and referred the applications to the Mackenzie Valley Environmental Impact Review Board ("MVEIRB") for Environmental Assessment ("EA"). The concerns were around water quality, wildlife, damage to landscape, and long term risk of contamination.
In November 2008, the MVEIRB circulated information requests for submissions, documentation and comments relating to a Request for Ruling procedure concerning the scope of development relating to two questions; (1) whether the existing winter road should be part of the scope of development ; and (2) whether existing mine site infrastructure should be part of the scope of development.
The MVEIRB considered submissions and responses from interested parties, including Canadian Zinc which submitted that the winter road and existing mine site infrastructure should not be part of the assessment since these had been previously assessed, permitted and built, and that the EA should focus on the new developments and the new transfer stations on the winter road. On March 5, 2009, the MVEIRB published its Ruling that all physical works and activities associated with the winter access road and all physical works and activities associated with the mine site are part of the scope of development for the Prairie Creek Mine Environmental Assessment.
The MVEIRB issued Draft Terms of Reference for the EA on May 11, 2009, which identify the scope of development in more detail (i.e. what issues need to be further examined in a greater amount of detail compared to the submissions in the original Project Description Report), and allow public comment before finalizing the Terms of Reference. The MVEIRB indicated that the deadline for submissions on the Draft Terms of Reference by interested parties is June 12, 2009. In its Draft Work Plan, also issued on May 11, 2009, the MVEIRB indicated that it anticipates concluding its Report of Environmental Assessment by October 2010.
It is likely, given the open ended nature of the Mackenzie Valley permitting process and Company's experience to date, that the environmental assessment and permitting process for the Prairie Creek Mine will extend for a considerable time.
Operations Update
In December 2008, the Company determined that, in light of the decline in the financial and commodity markets, it would be prudent to preserve cash by terminating all activity at the Prairie Creek Mine site for the duration of the winter period. Accordingly, the site was "winterized" in mid-December 2008 and no activity took place on the Site during the three months ended March 31, 2009.
The Prairie Creek mine site is currently scheduled to re-open in mid May 2009 and it is currently anticipated that the main focus for 2009 will be to continue rehabilitating the winter road which connects the Prairie Creek Mine site to the Liard Highway.
Vatukoula Gold Mines Plc
As announced in the Company's prior news releases dated April 9, 2009 and May 7, 2009, in April 2009, the Company acquired 347,669,022 shares of Vatukoula Gold Mines Plc ("VGM") at a price of £0.0073 per share for total consideration of £2.538 million ($4.597 million). VGM is a UK company, listed on the Alternative Investment Market ("AIM") of the London Stock Exchange, which currently owns and operates the Vatukoula Gold Mine located in Fiji.
In May 2009, Canadian Zinc entered into a Subscription Agreement (the "Subscription Agreement") with VGM to acquire a further 200,000,000 shares of VGM (the "Subscription Shares") for an investment of £1.2 million (£0.06 per share), or approximately $2.16 million (the "Subscription").
Completion of the Subscription is subject to approval of VGM shareholders at an Extraordinary General Meeting, currently anticipated to be held in early June 2009. Upon completion of the Subscription, Canadian Zinc will hold a total of 547,669,022 ordinary shares, or approximately 20.01% of the issued share capital of VGM. In addition, VGM has agreed that two nominees of Canadian Zinc will be appointed to the Board of VGM.
The Company also granted Viso Gero Global, Inc. ("Viso Gero"), a subsidiary of Red Lion Management Ltd., a Call Option until January 7, 2010, to purchase up to 200,000,000 of its VGM shares at an exercise price of £0.01 per share.
Should Viso Gero exercise its Call Option over 200,000,000 shares of VGM, then, under the terms of the Subscription Agreement with VGM, Canadian Zinc shall be entitled to subscribe for up to 250,000,000 additional VGM shares (the "Additional Shares") so that the total percentage shareholding held by CZN in VGM remains at 20.01%. The subscription price for any Additional Shares subscribed will be 95% of the volume weighted average price of VGM shares for the five trading days prior to the exercise of the Viso Gero Call Option.
Under the Subscription Agreement VGM has also undertaken that, following the completion of the Subscription, in the event of any future financing by VGM within the following twelve months, Canadian Zinc will be invited to participate on the same terms in such financing pro rata to its holding so as to maintain its equity position in VGM immediately prior to the completion of such equity financing.
The Vatukoula Gold Mine has an operational history of over 70 years during which time it is reported to have produced some seven million ounces of gold and over two million ounces of silver from the treatment of around 22,500,000 tonnes of ore. Production at the mine was suspended by the previous owners in 2006, following which VGM acquired the mine and restarted operations.
Based on a Competent Persons Report dated March 2008 prepared for VGM by CSA Consulting International Limited under the JORC reporting standards, the Vatukoula Mine has a reported mineral resource of 12.2 million tonnes (Measured and Indicated) at a grade of 9.47 grams of gold per tonne and 4.6 million tonnes (Inferred) at a grade of 10.77 grams of gold per tonne. The Competent Persons Report was not prepared in accordance with Canadian National Instrument ("NI") 43-101 standards. CZN is not in a position to reconcile the reported resources to CIM standards under National Instrument 43-101.
The shares of VGM are being acquired for investment purposes and Canadian Zinc looks forward to forming a valuable strategic relationship with VGM in the operation and expansion of the Vatukoula Gold Mine. Depending on the performance of the Vatukoula mine and on market and other conditions, Canadian Zinc may from time to time in the future increase or decrease its ownership, control or direction over the shares of VGM, through market transactions, private agreements or otherwise.
Option Agreement - Tuvatu Gold Project, Fiji
In May 2009, Canadian Zinc entered into an Option Agreement on the Tuvatu Gold Project in Fiji.
Tuvatu is a high grade gold deposit located on the island of Viti Levu, Fiji, in the heart of the Pacific "Rim of Fire," and located approximately 37 kilometres to the southwest of the 11 million ounce Vatukoula (formerly known as Emperor) gold deposit.
The Tuvatu Project is currently owned by American Eagle Resources Inc. ("American Eagle"), through its 100% owned Fijian subsidiary Lion One Limited. Under the Option Agreement, the Company has made an option payment of $1.8 million to the majority shareholder of American Eagle and has the option until October 30, 2009, to carry out further evaluation and exploration of the Tuvatu property. The Company has the option, at any time during the Option Period, to exercise such option to acquire Tuvatu, via amalgamation of American Eagle with a wholly-owned subsidiary of Canadian Zinc under which 16,250,000 shares of Canadian Zinc would be issued to the shareholders of American Eagle. During the option period, Canadian Zinc has agreed to maintain the property in good standing and continue with the current exploration program at an estimated cost of approximately $500,000.
The Tuvatu project consists of two adjoining Special Prospecting Licences with a total area of approximately 3,265 hectares along with a pending application for a further 7,300 hectares Licence.
The Tuvatu property has been extensively drilled and has over 1,300 metres of underground workings of which the majority is in the form of a 600 metre decline. The Tuvatu deposit remains open along strike and downdip leaving strong potential to expanding the existing gold resource.
The Prairie Creek Mine
A major underground tunneling and diamond drilling program led to the completion, in October 2007, of a Technical Report (the "Report") to NI 43-101 standards, which estimates that the Prairie Creek Property hosts total Measured and Indicated Resources of 5,840,329 tonnes grading 10.71% zinc, 9.90% lead, 161.12 grams silver per tonne and 0.326% copper. In addition, the Report confirms a large Inferred Resource of 5,541,576 tonnes grading 13.53% zinc, 11.43% lead, 215 grams per tonne silver and 0.514% copper and additional exploration potential.
The proposed new operation at Prairie Creek will utilize the existing infrastructure and facilities that were built in the 1980's and which will be upgraded and enhanced to meet current-day environmental standards. The Site presently contains a near complete mill, three levels of underground workings, a fuel tank farm, office facilities, accommodation facilities and workshops. Existing buildings and structures will be upgraded and modernized. New facilities will include fuel-efficient, low-emission power generation units, a kitchen/accommodation block, concentrate shed and an incinerator.
All mining will be performed from underground. Underground development and workings (about 5,000 metres) already exist on three levels, including the new 600 metre decline driven in 2006/07. Proposed production rates will initially start at 600 tonnes per day and may build to 1,200 tonnes per day. Mining will occur on a year round basis by cut-and-fill methods. Mine voids will be backfilled with a mix of flotation tailings, waste rock aggregate and cement.
The Mill, which is already constructed on site but never operated, will process 600-1,000 tonnes per day. The concentrates will be bagged, stored under cover and trucked off-site over the winter road.
The improvements proposed for specific site facilities will further mitigate the potential impact the Project may have on the environment. Specifically, the Company proposes to place waste rock and tailings underground in a cemented backfill mix, use the existing large pond for temporary water storage, and place development waste rock in an engineered facility removed from the Prairie Creek floodplain.
The operation of the Prairie Creek Mine will provide substantial economic stimulus to the region, and presents a unique opportunity to enhance the social and economic well-being of the surrounding communities. There will be approximately 220 direct full time jobs, half of this number being on-site at any one time. Personnel will generally work a three weeks on, three weeks off schedule (with variations as required). Canadian Zinc's objective is to employ a workforce with at least a 35% northern content, and a minimum 15% First Nations content. The Company anticipates that it will provide assistance through the provision of training programs. In addition, there will be many indirect business and employment opportunities, mostly related to transport, supply of the Mine Site and environmental monitoring and management.
Risks and Uncertainties
This press release should be read in conjunction with the unaudited financial statements and notes thereto and management's discussion & analysis ("MD&A") for the period ended March 31, 2009, available on SEDAR at www.sedar.com.
The Company's business and results of operations are subject to numerous risks and uncertainties, many of which are beyond its ability to control or predict. Because of these risks and uncertainties, actual results may differ materially from those expressed or implied by forward-looking statements, and investors are cautioned not to place undue reliance on such statements, which speak only as of the date hereof.
Investors are urged to review the discussion of risk factors associated with the Company's business set out in the Company's Annual Information Form for the year ended December 31, 2008, which has been filed with the Canadian Securities Regulators on SEDAR (www.sedar.com). The risks and uncertainties, as summarized in the Company's MD&A and in other Canadian and U.S. filings, are not the only risks facing the Company. Additional risks and uncertainties not currently known to the Company, or that are currently deemed to be immaterial, also may materially adversely affect the Company's business, financial condition and/or operating results.
Alan Taylor, P.Geo., Chief Operating Officer, Vice President Exploration and a Director of Canadian Zinc Corporation, is responsible for the Company's exploration program, and is a Qualified Person for the purposes of National Instrument 43-101 and has approved this press release.
Cautionary Statement - Forward Looking Information
This press release contains certain forward-looking information, including, among other things, the expected completion of acquisitions/transactions and the advancement of mineral properties. This forward looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the completion of transactions, the issue of permits, the size and quality of the company's mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital costs, mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the outcome of legal proceedings, the timing of exploration, development and mining activities and the financial results of the company. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company does not currently hold a permit for the operation of the Prairie Creek Mine. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.
Cautionary Note to United States Investors
The United States Securities and Exchange Commission ("SEC") permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this MD&A, such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.
For further information contact:
John F. Kearney
Chairman
(416) 362- 6686
Suite 1002, 111 Richmond Street West
Toronto, Ontario M5H 2G4
Alan Taylor
Vice President Exploration & Chief Operating Officer
(604) 688- 2001
Suite 1710 - 650 West Georgia Street , Vancouver, BC V6B 4N9
Tel: (604) 688-2001 Fax: (604) 688-2043
Tollfree:1-866-688-2001
A more extensive description of the Company's activities is available on the Company's web site at www.canadianzinc.com
E-mail: invest@canadianzinc.com Website: www.canadianzinc.com
Hecla Mining CO. (NYSE:HL)
Last Price (USD)
$ 1.27
Change
▲ 0.03 (2.42%)
Bid 1.24
Ask 1.45
Volume 3,897,571
Day's Range 1.24 - 1.35
Click for Detailed Quote Page
Last Trade:20:00:01 EST Mar-6-09
Hecla Mining CO. (NYSE:HL)
Last Price (USD)
$ 2.12
Change
▼ -0.20 (-8.62%)
Bid 2.09
Ask 2.13
Volume 3,643,080
Day's Range 2.07 - 2.30
Click for Detailed Quote Page
Last Trade:19:58:31 EST Jan-14-09
Silver Futures price -
http://www.ivarkreuger.com/metalcharts.htm
FRANKLIN MINING INC
(Other OTC: FMNJ.PK)
Last Trade: 0.0002
Trade Time: Oct 17
Change: Down 0.0001 (33.33%)
Prev Close: 0.0003
Open: 0.0003
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 0.0002 - 0.0003
52wk Range: N/A
Volume: 58,847,300
http://finance.yahoo.com/q?s=FMNJ.PK
God Bless
Canadian Zinc Corporation: Memorandum of Understanding Signed With Parks Canada
Thursday July 31, 7:30 am ET
http://biz.yahoo.com/ccn/080731/200807310477093001.html?.v=1
http://www.canadianzinc.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2008) -
Canadian Zinc Corporation -
(TSX:CZN - News; OTCBB:CZICF - News; the "Company" or "Canadian Zinc") is pleased to report that Canadian Zinc and the Parks Canada Agency have entered into a Memorandum of Understanding ("MOU") with regard to the expansion of the Nahanni National Park Reserve and the development of the Prairie Creek Mine.
ADVERTISEMENT
In the MOU:
- Parks Canada and Canadian Zinc agree to work collaboratively, within their respective areas of responsibility, authority and jurisdiction, to achieve their respective goals of an expanded Nahanni National Park Reserve and an operating Prairie Creek Mine.
- Parks Canada recognizes and respects the right of Canadian Zinc to develop the Prairie Creek Mine and will manage the expansion of Nahanni National Park Reserve so that the expansion does not in its own right negatively affect development of, or reasonable access to and from, the Prairie Creek Mine.
- Canadian Zinc accepts and supports the proposed expansion of the Nahanni National Park Reserve and will manage the development of the Prairie Creek Mine so the mine does not, in its own right, negatively affect the expansion of the Nahanni Park.
The Parties agree to make every reasonable effort to address issues of common interest and build a strong working relationship, including convening a Technical Team which will better identify, define and consider issues of common interest, including, among other things, access to and from the Prairie Creek Mine through the proposed expanded Park and the park boundaries around the Prairie Creek Mine properties.
The Parties have also agreed to share with one another and the Technical Team any existing technical and scientific information relevant to a discussion and analysis of issues of common interest to the Parties.
The MOU, which is valid for three years is intended to cover the period up to the development of the Prairie Creek Mine (Phase I) and may be amended or renewed as agreed by the Parties and may be terminated by either party on not less than three months written notice. It is contemplated that the Phase I MOU will be replaced by a further MOU (Phase II) which will address the operation of the mine and the expanded Park.
The MOU is an expression of the mutual intentions of the parties and is not legally binding or enforceable. The MOU does not create any new powers or duties or alter or affect any rights, powers or duties established by law, including by the Parks Canada Agency Act and the Canada National Parks Act, or result in the Parties relinquishing any right, jurisdiction, power, privilege, prerogative or immunity.
To the extent that the Prairie Creek Mine is subject to regulatory or government processes, including hearings, Parks Canada reserves the right, while recognizing the intent of the MOU, to participate in any such process and take such positions as it sees fit and the MOU does not constrain Parks Canada from doing so, subject only to the understanding that Parks Canada has agreed not to object to or oppose, in principle, the development of the Prairie Creek Mine.
"We are pleased to have signed this cooperation agreement with Parks Canada which will facilitate both parties achieving our mutual objectives." said John F. Kearney, Chairman of Canadian Zinc Corporation.
"The exclusion of the Prairie Creek Mine from the proposed Nahanni National Park expansion area has brought clarity to the land use policy objectives for the region. Canadian Zinc believes that the Prairie Creek Mine and the expanded Nahanni National Park Reserve can co-exist and that, properly planned and managed, the expanded Park will not interfere with the operation of the Prairie Creek Mine and similarly that the operation of the mine will not adversely impact upon the Park or its ecological integrity," Mr. Kearney added.
Nahanni Park Expansion:
The Prairie Creek Mine is located in the Mackenzie Mountains of the Northwest Territories, within the watershed of the South Nahanni River and in proximity to but outside the Nahanni National Park Reserve.
In August 2007 the Prime Minister of Canada visited Fort Simpson to announce the proposed expansion of Nahanni National Park Reserve. The Prime Minister announced that the Government of Canada had approved an Order in Council (PC-2007-1202 July 31, 2007), withdrawing certain lands for the proposed park expansion. The surface lands surrounding the Prairie Creek mine, containing approximately 367 square kilometres, are specifically excluded and exempted from the interim land withdrawal.
Canadian Zinc has been assured by the Government of Canada and by Parks Canada that the final boundaries of the expanded park will not include the Prairie Creek Mine site nor preclude road access to the Prairie Creek mine and that in the proposed expansion of the Nahanni National Park Reserve, the existing mining and access rights of Canadian Zinc to the Prairie Creek mine will be respected and protected.
About Canadian Zinc:
Canadian Zinc's 100% owned Prairie Creek (lead/zinc/silver) Project, located in the Northwest Territories, includes a partially developed underground mine with an existing 1,000 ton per day mill and related infrastructure and equipment. The Prairie Creek Property hosts a major mineral deposit with a Measured and Indicated mineral resource in the Vein and Stratabound deposits of 5.2 million tonnes grading 11.4% Zn, 10.9% Pb, 176 g/t Ag and 0.3% Cu along with an open ended Inferred resource of 5.5 million tonnes of 13.5% Zn, 11.4% Pb, 215 g/t Ag and 0.5% Cu. (Technical Report NI 43-101 - David M. Stone, Minefill Services, Inc., Qualified Person, October 2007 filed on SEDAR).
Cautionary Statement - Forward Looking Information
This press release contains certain forward-looking information. This forward looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital costs, mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the outcome of legal proceedings, the timing of exploration, development and mining activities and the financial results of the company. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company does not currently hold a permit for the operation of the Prairie Creek Mine. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.
Contact:
John F. Kearney
Canadian Zinc Corporation
Chairman
(416) 362-6686
(416) 368-5344 (FAX)
Alan B. Taylor
Canadian Zinc Corporation
VP Exploration & Chief Operating Officer
(604) 688-2001 or Toll Free: 1-866-688-2001
(604) 688-2043 (FAX)
Email: invest@canadianzinc.com
Website: www.canadianzinc.com
Source: Canadian Zinc Corporation
Operational Update for the Galena Mining Complex -
http://news.tradingcharts.com/futures/8/3/109824438.html
http://futures.tradingcharts.com/chart/SV/M
http://www.us-silver.com/s/Home.asp
God Bless
Silver Futures May 2008 (NYMEX:SI.K08)
CERRO RICO, POTOSI, ENTRADA DE SAN MIGUEL -
EN LA CAPITAL FOLKLORICA DEL DEPARTAMENTO DE POTOSI UNCIA,
fiesta que se celebra en honor al patrono de San Miguel,
gente de todo alrededor Boliviano llega a este acontecimiento
tan querido por nosotros los Uncieños,
para los que nos encontramos fuera de nuestra gente y
nuestro pais, este video esta colgado, gracias a la
excelente direccion, realizacion, produccion, edicion, etc.,
de los Hermanos Lisarazu mis amigos del alma de
Producciones JEMCIZ, sus contactos son -
Silver have climbed above, the 5-day moving average becomes
an important support level -
http://www.financialsense.com/fsu/editorials/oroborean/2007/0604.html
http://www.investorshub.com/boards/board.asp?board_id=5406
Market Cap. To The Largest Silver Undeveloped Deposits -
Include Market Capitalization for the Mining corp. -
SIL SILVER Bullions Mar 2007 -
(NYMEX:SI.H07) - liveSilverchart -
SIL GOLD Bullions (FOREX:XAUUSDO) - liveGoldchart -
Apex Silver Mines Limited - SIL -
Market Cap. $836.85 mil
Silver Deposits 20 Largest Undeveloped - Saved To The World's Liberty -
Most investors compare one good comp. to the rest -
to find what is undervalued to oversold -
to find the great strategic bargain -
with the most potentials to growth -
profit etc. -
to be at the right place -
at the right time -
Compare Apex Silver Mines Limited - SIL -
dd........ to other mining companies -
Silver Deposits 20 Largest Undeveloped - Saved To The World's Liberty -
Fys. DD........
Cerro Rico – Bolivia –
Corporación Minera de Bolivia [COMIBOL]
and Franklin Mining Inc (FMNJ) -
Market Cap. $66 mil.
http://www.investorshub.com/boards/board.asp?board_id=5406
http://www.siliconinvestor.com/subject.aspx?subjectid=56926
Peñasquito, Mexico –
Glamis Gold [acquired by Goldcorp (GG) in early November] -
Market Cap. $11.4 bil.
http://www.investorshub.com/boards/board.asp?board_id=5456
http://www.investorshub.com/boards/board.asp?board_id=6039
Pascua-Lama, Chile –
Barrick Gold Corporation (ABX) -
Market Cap $25.42 bil.
http://www.investorshub.com/boards/board.asp?board_id=6037
San-Cristobal, Bolivia –
Apex Silver Mines Limited (SIL) -
Market Cap. $836.85 mil
http://www.investorshub.com/boards/board.asp?board_id=5810
Navidad, Argentina –
Aquiline Resources Inc. (AQI) and IMA Exploration (IMR)
are in a legal fight over ownership? -
http://www.investorshub.com/boards/board.asp?board_id=8105
Market Cap. $327.84 mil.
http://www.investorshub.com/boards/board.asp?board_id=8186
Corani, Peru –
Bear Creek Mining Corp. (BCM) -
Market Cap. $322.48 mil.
http://www.investorshub.com/boards/board.asp?board_id=7956
Ocampo, Mexico –
Gammon Lake Resources Inc. -
Market Cap. $1.86 bil.
http://www.investorshub.com/boards/board.asp?board_id=7334
Montanore, Montana, USA –
Mines Mangement, Inc. (MGN)
Market Cap. $71.85 mil.
http://www.investorshub.com/boards/board.asp?board_id=7953
Veladaro, Argentina –
Barrick Gold Corporation (ABX) -
Market Cap $25.42 bil.
http://www.investorshub.com/boards/board.asp?board_id=6037
Rock Creek, Montana, USA, –
Revett Minerals Inc. (RVM) -
Market Cap. $79.27 mil
http://www.investorshub.com/boards/board.asp?board_id=7955
Prognoz, Republic of Sakha, Russia –
High River Gold Mines Ltd. (HRG)
Market Cap. $499.69 mil.
http://www.investorshub.com/boards/board.asp?board_id=8106
Hackett River, Nunavut, Canada –
Sabina Silver Corporation (SBB) -
Market Cap. $112.95 mil.
http://www.investorshub.com/boards/board.asp?board_id=7958
Maverick Springs, Nevada, USA –
Silver Standard Resources (Vista Gold) (SSRI)
Market Cap. $2.05 bil.
http://www.investorshub.com/boards/board.asp?board_id=6095
Market Cap. $256.26 mil.
http://www.investorshub.com/boards/board.asp?board_id=8001
Pirquitas, Argentina –
Silver Standard Resources Inc. (SSRI)
Market Cap. $2.05 bil.
http://www.investorshub.com/boards/board.asp?board_id=6095
San Bartolome, Bolivia –
Coeur d Alene Mines Corporation (CDE)
Market Cap. $1.21 bil.
http://www.investorshub.com/boards/board.asp?board_id=5237
Dolores, Mexico –
Minefinders Corporation Ltd. (MFN)
Market Cap. $484.62 mil.
http://www.investorshub.com/boards/board.asp?board_id=3457
Palmarejo, Mexico –
Palmarejo Silver and Gold Corporation (PJO) -
Market Cap. $805.81 m
http://www.investorshub.com/boards/board.asp?board_id=7892
Candelaria, Nevada, USA –
Silver Standard Resources Inc. (SSRI) -
Market Cap. $2.05 bil.
http://www.investorshub.com/boards/board.asp?board_id=6095
Waterloo, USA –
Pan American Silver Corp. (PAAS) -
Market Cap. $2.14 bil.
http://www.investorshub.com/boards/board.asp?board_id=4490
Bowdens, New South Wales, Australia –
Silver Standard Resources Inc. (SSRI) -
Market Cap. $2.05 bil.
http://www.investorshub.com/boards/board.asp?board_id=6095
WHAT MADE CERRO RICO SO BIG? -
Cerro Rico dominates the town of Potosi, and
its Ag production has never been matched.
When one compares Cerro Rico to other BPV deposits,
three features stand out as being exceptional:
* The phenomenal Silver resource -
with Zinc, Lead, Tin, PM's Gold etc. -
* Cerro Rico - INCA - has produced -
almost five times more Silver than any other BPV deposit -
* still only at the top of the huge deeper deposits -
still intact about 12000' (3700 m) above sea level -
and the mining can be done down to 25000' below sea level -
http://tinyurl.com/y54k7r
http://www.investorshub.com/boards/board.asp?board_id=5406
http://www.siliconinvestor.com/subject.aspx?subjectid=56926
FMNJ - with the Largest Richest Silver Mine in the World -
Inca Cerro Rico Mine - rich ore veins -
btw. other future Silver mining companies -
line up in front of FMNJ doors -
to get any opportunity to -
an option to participate in an FMNJ joint venture -
to become a partner etc. -
FMNJ - FY2pennies fiats -
http://www.investorshub.com/boards/board.asp?board_id=5406
http://tinyurl.com/y54k7r
Silver is coming down to some acceptable buying levels before the next run. Thanks for the info.
To 'inoutbackin' on 'Silver Futures Dec 2006' -
Demand for Silver has exceeded the mined supply -
for more than a decade -
by 100 to 150 million ounces a year -
On the supply side -
very little Silver is actually mined -
About 70 per cent of the Silver -
that is mined comes as a byproduct -
of other mining ventures -
including mining for Gold -
Copper, Zinc, Lead, Tin etc. -
In most cases, miners find a little Silver -
when they're mining for something else -
which allows little control over supply -
Because it's not the primary resource -
producers often sell the Silver -
on the spot market and use the fiat money -
to fund their primary mining operations -
This supply-side deficit is what makes Silver -
more peculiar -
In the silver market -
the supply is decreasing -
demand is increasing -
and the long-term price may explode -
No other commodity have defied the normal laws -
of supply and demand like Silver -
The Silver has been in the phenomenon on the huge short
manipulation positions in the silver market -
There is more Silver on paper than actually exists -
in the world -
Silver is a pathetically small market and
has been dwindling and the changes may come fast -
Ex. if investors like Warren Buffett, George Soros,
Bill Gates, pension investment funds etc. -
decided to double their positions -
there would not be enough silver to fill -
the order—and the market would go -
LT limit UP -
The threat is compounded as investors -
start to lose faith in all fiats papers -
in the U.S. fiat dollar and looking -
for the LT hard safety assets values -
FMNJ - with the large old Silver -
Inca Cerro Rico Mine - rich ore veins -
other future Silver mining companies -
will line up in front of FMNJ doors -
to get any opportunity to be in -
to an option to participate in an FMNJ joint venture -
to become a partner etc. -
FMNJ - FY2pennies fiats -
http://www.investorshub.com/boards/board.asp?board_id=5406
http://tinyurl.com/y54k7r
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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)
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.
Biggest Scam In History -
(speakers on )
http://www.wtv-zone.com/Mary/FEDERALRESERVE.HTML
Silver Futures -
Silver Futures Dec 2006 -
http://www.investorshub.com/boards/quotes.asp?ticker=/si
SILVER (Ag) PRODUCERS Info -
http://tinyurl.com/zdggd
http://www.investorshub.com/boards/board.asp?board_id=5406
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
HON. RON PAUL OF TEXAS -
Before the U.S. House of Representatives -
The End of Dollar Hegemony -
http://tinyurl.com/uq9kf
Useful PM related sites:
http://www.24hgold.com/
http://www.jsmineset.com/
http://www.marketwatch.com/
http://www.mineweb.com/
http://www.gold-eagle.com/
http://www.kitco.com/
http://www.usagold.com/
http://www.usagold.com/amk/usagoldmarketupdate.html
http://www.GoldSeek.com/
http://www.GoldReview.com/
http://www.capitalupdates.com/
http://www.dailyreckoning.com/
http://www.goldenbar.com/
http://www.silver-investor.com/
http://www.thebulliondesk.com/
http://www.sharelynx.com/
http://www.mininglife.com/
http://www.financialsense.com/
http://www.fgmr.com/
http://www.goldensextant.com/
http://www.goldismoney.info/index.html
http://www.howestreet.com/
http://www.depression2.tv/
http://www.un-debt.net/
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.goldcolony.com/
http://www.miningstocks.com/
http://www.mineralstox.com/
http://www.freemarketnews.com/
http://www.321gold.com/
http://www.silverseek.com/
http://www.investmentrarities.com/
http://www.kereport.com/ (Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm (in Spanish)
http://www.plata.com.mx/plata/plata/english.htm (in English)
http://www.resourceinvestor.com/
http://www.miningmx.com/
http://www.prudentbear.com/
http://www.dollarcollapse.com/
http://www.kitcocasey.com/
http://000999.forumactif.com/
http://www.golddrivers.com/
http://www.goldpennystocks.com/
http://www.oroyfinanzas.com/
http://www.goldcore.com/
http://coininfo.com/
http://www.insidegold.com/
http://www.goldmau.com/
http://www.milesfranklin.com/
http://www.silverminers.com/
http://www.gold-speculator.com/
http://bullion.nwtmint.com/
http://www.preciousmetalsmonthly.com/
http://www.silverstockreport.com/
http://www.longwavegroup.com/
http://theaureport.com/
Subscription sites:
http://www.lemetropolecafe.com/
http://www.marketforceanalysis.com/
http://www.hsletter.com/
http://www.interventionalanalysis.com/
http://www.investmentindicators.com/
http://www.caseyresearch.com/
http://www.deepcaster.com/
http://www.vrtrader.net/
Eagle Ranch discussion site:
http://os2eagle.net/SSL/phpentry.php
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
Conspiracy World: A Truthteller's Compendium of Eye-Opening Revelations and Forbidden Knowledge
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