Silver/Gold

[NYBob]

David Morgan from Silver-Investor.com concluded the conference.
He sees a currency crisis arriving and called it a
"200-300 year event".
The United States is in a place we've never been before;
it's difficult to draw comparisons to past events.
But he did compare the German Weimar Republic to the U.S.
and thought Alex Macdougall's presentation was important.
The year 2000 was the lowest silver price in the history
of mankind (when adjusted into real dollars).

Impressions From Silver Summit 2009 - Part 1

http://www.coinflation.com/silver_summit_impressions_2009.html

Alex Macdougall presented, "Hyperinflation in Germany, 1910 to 1925;
Parallels with the United States Today?"
He presented a lot of information and hopefully my notes
are correct.
If they are not, I will update this section at a later date
with notations.
The German Mark was made inconvertible to gold in 1910.
Germany went to war in 1914 (WW1), and was still considered
the most powerful nation in Europe at that time.
After losing the war, reparation payments put a drain on
the country's treasury.
They attempted to settle their debts honorably, even cut
spruce trees and sent them to France.
Germany's social welfare system was overloaded, had no
choice but to print money.
There was slight deflation in 1921.
Soon thereafter, currency denominations started to multiply
almost every month.
By July 25 1923, million note denominations start appearing.
They saved ink by not printing on the backside of the 50
million mark note.
They also started to reduce the size to save paper.
Wheels started to fall off rapidly.
They took old pieces of currency and stamped new denominations.

Business owners protected themselves from hyperinflation
by exchanging into other currencies, purchasing gold & silver
coins, and keeping excess inventory on hand for bartering.
Social welfare program guarantees in the United States
will contribute to the next hyperinflation.
California "IOU's" is a good example of government printing
their own money, at least in this early stage of the cycle.

A.I. Macdougall;
At present Alex consults to and is actively involved
in the advancement of U.S. Silver Corporation....



In the 1960’s the study of money and its relationship to gold,
silver and currencies, led Alex to leave a successful civil
engineering career and become active
in the gold & silver sector.
He drew upon the views of Von Mises, Harry Browne,
Jerome Smith, Harry Schultz and others who foresaw
the devaluation of the US dollar that occurred in 1969.
With other professionals he created the concept of
acquiring known gold and silver reserves to carry them
through the anticipated price rise in dollar terms.
To put this concept into practice, a number of projects
were assembled and substantial gains were made in
the late 70s and early 80s.
During that period Alex became affiliated with
The Committee for Monetary Reform and Education, (CMRE)
an educational forum based in Connecticut.
Through the Committee he had the opportunity to discuss
money and economics with many prominent economists,
among them: Dr Robert Mundel, Professor Hans Senholz,
James Turk and Dr Antal Fekete.
In recent years, as a financial and communications consultant.
At present Alex consults to and is actively involved
in the advancement of U.S. Silver Corporation.
Title for Keynote:
Hyperinflation in Germany, 1910 to 1925;
Parallels with the United States Today?

http://www.thesilversummit.com/speakers

http://investorshub.advfn.com/boards/board.aspx?board_id=9774

[NYBob]

$USD ATR PnF -


$XAU daily ATR -


In the following interview Jim discusses inflation, deflation,
hyperinflation, the U.S. Dollar, gold, silver, social unrest,
the Federal Reserve, commercial banks incorrectly positioned
on the COT, fraudulent bank balance sheets, the equity market,
future opportunity, gold and silver shares and much more....

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2009/9/25_Jim_Sinclair.html
--

Peter Schiff: us rally doomed, gold to 5,000 video from yahoo fin. this am...

http://finance.yahoo.com/tech-ticker/article/342802/Peter-Schiff-U.S.-Rally-Is-Doomed-Gold-Will-Hit-5000;_ylt=AjTejQAQfkgyLSCrmv3DWLG7YWsA;_ylu=X3oDMTE2czUwaTdmBHBvcwMxMARzZWMDdG9wU3RvcmllcwRzbGsDcGV0ZXJzY2hpZmZ1?tickers=%5EDJI,GLD,EPHCX,FXI,EEM,GDX,%5EGSPC&sec=topStories&pos=8&asset=&ccode=

--
gold hasn't even seen nothing yet.

if establishment continue breaking u.s.a with social change.

i think china will corner gold soon to $1500 soon.
by mick
--

A Tale Of Two Companies on 'Roxmark Mines'
by Lou Schizas • September 22, 2009

http://www.happycapitalism.com/2009/09/a-tale-of-two-companies/

Roxmark Mines Ltd. ( RMK TSXV) is showing a bold V shaped
pattern which is considered bullish.
Average daily volume is 529,152 shares a day over the last
three months.
Yesterday it traded 1.15M shares for a total value of $264,000.

The research I conducted on Roxmark has a lot of drilling
going on which means that the news stream is strong
and when you are a junior mining company the value of
the stock moves with new information based on activity.

While it is important to establish a solid land position
and working agreements with other companies that have
interest in a district, that type of news only goes so far.
I would say until there is a new drilling program in
the works it would be best to keep RMK on your close watch
list at this point...

Roxmark Mines Ltd.
( RMK TSXV) is developing gold and molybdenum projects in
the Geraldton- Beardmore Gold Camp of Ontario.
I have had occasion to visit Geraldton, Ontario on business
and would like nothing more than to see that community
benefit from lots of new mining activity.

When I compare the two companies the dividing line is activity.

RMK is drilling and prospecting and working towards reopening
a mine.
When you look at the news stream for RMK in comparison
to TWD its clear that they are at different stages in
their development cycles.
rmk2

The six month chart shows a nice spike last week on drill
results reported on the Hardrock property where RMK
has a 30% JV- owner interest.
The stock has pulled back from the spike high and looks
like it may test support at $0.20.
Roxmark began a drilling program at its
Northern Empire Mine in August so expect more news
in the coming months.
--

Roxmark's Gold is coming very soon maybe a golden opportunity

goldinground February 15, 2009
(more info)


Roxmark ready to move more gold out of the ground.
The time is right.
The price is right and the discovery is right.
Put Roxmark Mines, RMK on the TSX Venture exchange
on your watch list. Put Roxmark Mines,
RMK on the TSX Venture exchange on your watch list.
And watch the gold grow before your eyes.
Goldinground.
And watch...


http://www.roxmark.com/videos/roxvideo.html

Philip F. Cunningham has been a director of the company
since August 2004 and Chairman since May 2005 and
the major shareholder of Roxmark.
Mr. Cunningham was formerly executive vice president
of Mackenzie Financial Corporation and
chairman of Mackenzie Financial Services Inc.

ROXMARK Video presentation by chairman Philip F. Cunningham -
has been a director of the company since August 2004 -
and Chairman since May 2005. Mr. Cunningham is executive vice
president of Mackenzie Financial Corporation and
chairman of Mackenzie Financial Services Inc.
He joined the Mackenzie organization in 1982 -

http://www.roxmark.com/videos/roxvideo.html

Mackenzie -
offers more than 100 investment funds in Canada and
the United States -
Mackenzie - manages more than $45 billion -
for over 1,000,000 investors and their financial advisors...
as major shareholder for Roxmark Mines Limited -

chairman Philip F. Cunningham -
has bought more and more shares of Roxmark -

Ausome hardrock RMK

Roxmark Mines Limited -

http://www.roxmark.com/index.html

i see and gold is responding too

Average Volume: 583,200 (50-day) 355,700 (200-day)

RMK to be in the golden sun

http://investorshub.advfn.com/boards/board.aspx?board_id=1499
God Bless

[rnmenterprises]

The Tiny $0.001 Trillion Silver Market
(Millions, Trillions and Billions, Oh My!)

Silver Stock Report
by Jason Hommel, September 25th, 2009

The Silver Market is small. Very small. I don't think people quite understand how small it is, nor understand fully the implications, meaning how much higher silver prices must go as the market grows to accommodate future silver buyers.

Confusing matters is that the terms million, billion, and trillion mean different things, in different nations, and other nations also have different notations for how to write numbers exceeding 1000. Furthermore, most Americans are also unfamiliar with the terms, since most people don't use these terms in daily life. Who needs a billion french fries? But you do need to understand the numbers, in order to interpret political events, such as the amounts being spent by Congress.

Here are the American conventions, which I use in my writings. A thousand is written as 1000 and is notated with commas as 1,000. In America, we use a comma after every three zeros, starting from the far right, so every comma signifies another multiple of 1000.

A million is a thousand thousand. 1000 x 1000 = 1,000,000, also written as a million.
A billion is a thousand million. 1,000 x 1,000,000 = 1,000,000,000 also written as a billion.
A trillion is a thousand billion. 1,000 x 1,000,000,000 = 1,000,000,000,000 also written as a trillion.
A quadrillion is a thousand trillion 1,000 x 1,000,000,000,000 = 1,000,000,000,000,000 also written as a quadrillion.

Knowing that, we can now interpret the following key figures:

The annual Federal Budget these days is about $3 trillion, which can also be written as $3000 billion, or $3,000,000 million, or $3,000,000,000,000.
http://en.wikipedia.org/wiki/United_States_federal_budget

World annual silver production is about 600 million ounces. World annual silver investment is about 50-100 million ounces. All of mine production, and more, including recycling, is consumed by industry, leaving very little left over for any investment.

At $16/oz., x 75 million oz. = $1,200 million, or $1.2 billion, or $0.0012 Trillion.

Again, let's compare:

US annual government spending: $3 trillion
World annual silver investment demand: $0.0012 Trillion

Can you say, "The US government is spending way more than exists in the entire world?" I can. It sounds funny to say it, but I understand what I mean when I say it.

But that's only silver, some will protest. But adding gold to the mix does not help. Watch.

World annual gold mine production is 2500 tonnes, which is (x 32,151 oz/tonne) is 80.3 million ounces. At $1000/oz., that's $80 billion dollars, or $0.08 Trillion.

See, not even all the gold in the entire world's annual production would help the US budget. Gold would have to increase by a factor of 3000 / 80, which is 37.5 times, in order for the entire world's gold production to equal the US government's annual budget. See, gold will go way above $37,500/oz. by the time this bull market in gold is finished, because there are other people in the world who want gold in addition to the US government.

China wants gold. China has said they want $80 billion worth of gold. China has $2130 billion to spend on gold, or $2.13 trillion of foreign exchange reserves.

http://en.wikipedia.org/wiki/Foreign_exchange_reserves_of_the_People%27s_Republic_of_China

If China tries to buy a mere $80 billion of gold within one year, the gold price will likely head to $1500 to $2000/oz. this year. But China does not want to push up the price of gold to make it double in price. If they do, the value of the remainder of their $2130 billion will be cut in half.

Too bad for China, they have no choice. The value of their paper money will be cut by 95% or more anyway, even if they do nothing, as other nations, besides the US and China, also want gold. So it will come down to the reality, for everyone, that some gold is better than no gold! And silver, of course, is always better than gold, because silver will increase in value much faster!

China also wants their own people to buy silver!!! !!!

How will $2,130 billion of China's foreign exchange reserves fit into the annual silver market of $1 billion? Think about it. Think carefully. Think hard. Think!

Here's what I think. If China's people started buying $1 billion of silver per year, the silver price would head to $25/oz.

If China's people started buying $10 billion of silver per year, the silver price would head to $75/oz.

If China's people started buying $100 billion of silver per year, the silver price would head to about $750 per oz.

Can you say "Not enough silver!"? I can. There is a world silver shortage, and there will be a world silver shortage for the next few decades to come, probably until silver exceeds thousands of dollars per ounce in price!

There is no possible way that the silver price can be contained for very long, unless they discover a way to divert investment demand away from the limited physical silver, and convince people to hold things like ETFs, or futures contracts, or 'bullion accounts' instead. Oh yes, they have. But not for long, as the truth is getting out.

Sprott's Embry warns investors to make sure ETFs backed by precious metals
http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=89796&sn=Detail

The Bank of International Settlements reports there are $111 billion in "Other Precious Metals (IE, Silver) over the counter derivatives, as of Dec. 2008. (We await June 2009 stats.)
http://www.bis.org/statistics/otcder/dt21c22a.pdf
from
http://www.bis.org/statistics/derstats.htm

A man asked me this week at the JH MINT, "How'd you get into this?" I laughed and said, "The obvious!" He laughed too. What's not obvious to me is why everyone else is so deceived by paper money. It's really not all that special at all. it's just numbers on paper, signifying nothing!

One of my major wholesalers has a bullion precious metals inventory of $1/2 billion including both silver and gold. Another major wholesaler is a major warehouse for the COMEX. I don't think either one would let me order more than a few million dollars at once at a fixed price, because that would probably move the price up.

[stacker3]

Peter Schiff: us rally doomed, gold to 5,000 video from yahoo fin. this am...

http://finance.yahoo.com/tech-ticker/article/342802/Peter-Schiff-U.S.-Rally-Is-Doomed-Gold-Will-Hit-5000;_ylt=AjTejQAQfkgyLSCrmv3DWLG7YWsA;_ylu=X3oDMTE2czUwaTdmBHBvcwMxMARzZWMDdG9wU3RvcmllcwRzbGsDcGV0ZXJzY2hpZmZ1?tickers=%5EDJI,GLD,EPHCX,FXI,EEM,GDX,%5EGSPC&sec=topStories&pos=8&asset=&ccode=

[stacker3]

Technical link Precious Metals...

http://ecpulse.com/en/dailyreports/technicalpreciousmetals/2009/09/24/05-15-34/index.htm

[stacker3]

Time is now...Rates unchanged...dollars gotta weaken imo...

[stacker3]

GLD 1 yr ETF chart...

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gld&sid=0&o_symb=gld&freq=1&time=8

[stacker3]

SLV iShares silver 1 yr chart...

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=slv&sid=0&o_symb=slv

[stacker3]

lol stocks been on a tear...eom

[NYBob]

Buy Gold, Buy Silver, and please dump your dollars....
ex..
http://www.dailypaul.com/node/108200

Why It Is Time To Buy 'Juniors' Gold Mining Res.

Advantages of juniors gold res…

* They have been beaten down in price due to the credit
squeeze last year.

* They are on very few radars screens --
certainly not on the radar of mainstream America,
which is still scouring drawers and attics for
loose gold jewelry to sell.

* Due to the supply/demand situation, many juniors will
be bought by larger companies who need to buy ounces
of reserves.
Eventually, this will turn into a frenzy.

* In every mania, the smaller stocks eventually perform
much better than the larger companies.

* Most importantly, the potential leverage
(ounces to market cap), especially as gold really takes off,
will be staggering.
This is probably the single most important factor
in considering a specific company.

* Because of their leverage you don’t have to risk as much
as you would with the larger companies.

…and some disadvantages

* They are thinly traded, and some have wide spreads between
the bid and the ask prices, so you have to be judicious
once you have decided to buy one.

* Some hints when buying them.

1. You should not chase after one has run up,
especially on heavy volume.

2. Beware of one that has been hyped by more than one
banksters brokers analyst.

3. Take advantage of a down opening or a down day
and be wary if the stock has gapped up.

* Be patient once you have bought it.
In the upcoming gold move, stocks will go much higher than
you might think and sometimes stocks that have
languished will just take off.

* Spread your risk over several or even more.
If one disappoints, it won't affect you that much.
But if one shoots up, you could get a home run and
make up for the laggards.

* I would avoid geopolitical risk and stay in North America
and friendly South America and African nations.

I urge you to be a student of gold and these unique companies.
If you go to their web sites, you can get an excellent
education of what the company is doing and what it is
expecting.
By Rick
***

Ex..dd..Conquest gold play....
Conquest just started a 20,000 meter drill program that
will be generating news as the samples are analyzed.
The results of course will generate a flex point in
the uptrend depending on the outcome.
Higher grades will drive the stock higher, lower grades
will take the stock lower, and flat results should
take the price sideways.

Conquest has another deposit such as the Aurora Project
at Detour Lake but the focus is clearly at
the Alexander Project.

CQR ex....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41721648

Conquest Resources Ltd. '

well, CQR still an Ausome bargain..

dd..listen to..
Presentation by John F. Kearney, Conquest's Chairman on "InvestmentPitch.com"....

http://www.investmentpitch.com/media/514/Conquest_Resources_Ltd.__TSXV_CQR/

WHY RED LAKE GOLD BELT?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41185478

--

as i see it by endof sept.,2009 gold should be solid in 1-k area for new high.
by mick

ex..
Mike Maloney - Gold needs to go to $15,000

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41481973
imo. tia.
God Bless

[BullsEye]

Yup BYDDF ($9.50) Byd Co Ltd, Bravo Mr. Buffett....

[stacker3]

ya, look at the chart of it (the one berkshire bought into)...

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=byddf&sid=0&o_symb=byddf&x=0&y=0

[BullsEye]

Lots of electric vehicle buzz out there lately...have been saving it for a further look into the potential there. Forbs, Wall Street Journal, LA Times, BusinessWeek.com etc etc....Buffett bought into a small oversear electric co....some seriourly massive gians coming to that sector very soon>>>>>

[stacker3]

hahaha. well BP just found like a billion barrels in the gulf last week right? by the time they start producing there we'll probably be going electric lol.

[BullsEye]

OKOK......Gold....definately Gold over Oil

[stacker3]

interesting Gold article found on another board...

http://www.commodityonline.com/news/China-to-ship-its-gold-from-London-to-new-vault-21354-3-1.html

[stacker3]

metals down. if rates unchanged, bet the close up. any thots?

[stacker3]

i hear ya. i like how the article laid it out...eom

[stacker3]

lol that's good stuff...

[NYBob]

How the banks have manipulated the price of gold Fannie
and Freddie my lips are sealed -
reflexion on the banksterz manipulationz from a year ago -

banksterz derivativez elitez BHO -
makez the people liable for etc.

[BullsEye]

Gold & Oil Index charts>>>>
http://stockcharts.com/h-sc/ui?s=$XOI&p=D&yr=0&mn=3&dy=0&id=p15096521209

http://stockcharts.com/h-sc/ui?s=$GOX&p=D&yr=0&mn=3&dy=0&id=p42257964986

[BullsEye]

MNEAF(.687) one to check out imo.... With gold this high it should be at 80+

[BullsEye]

Thats a toughy to answer imo....but prob go with gold imo....then again...Oil....

[stacker3]

Youtube Video...Case for Silver...

http://news.silverseek.com/SilverSeek/1252520450.php

[stacker3]

Thx for the tip

[stacker3]

interesting article Bob...eom

[stacker3]

Looks good...

[stacker3]

Which is now a better investment Gold or Oil?

http://www.kitco.com/ind/SoYouThink/may252009.html

[BullsEye]

For the past two months, the price of oil has ping-ponged back and forth between $65 and $75 per barrel. By the look of the following chart, though, it's about to break out of that price range...

[BullsEye]

Oil's next move could be huge... and it could happen this week.

[NYBob]

Conquest Resources Limited - Press Release
CONQUEST RESOURCES LTD ORD
CQRLF | 9/2/2009 10:24:00 AM
TORONTO, Sep. 2, 2009 (Canada NewsWire via COMTEX News Network) --

- DRILLING COMMENCES AT ALEXANDER PROPERTY, RED LAKE, ONTARIO

Conquest Resources Limited (TSX-V: "CQR") is pleased to announce the commencement of drilling at its Alexander Gold Project in Red Lake, Ontario by Boart Longyear Canada. Phase one of a two-phase programme will comprise 4,000 metres of NQ drilling in the west and central portions of the property is expected to be completed by late October. Sampling and assaying of split core is expected to take five to six weeks after completion of the last drill hole with full reporting anticipated prior to the end of the year.

Conquest's Phase One drill programme is designed to test prospective stratigraphic and structural horizons at depth identified in previous drilling, surface trenching, geochemical soil surveys, airborne geophysical surveys, and recent surface drilling conducted by Goldcorp Inc. on to the property. Prospective massive sulphide and quartz-carbonate vein associated gold mineralization targets will be tested to vertical depths of approximately 500 metres within volcanic and sedimentary lithologies, along a strike length of about 1,800 metres extending from the boundary with Goldcorp's Red Lake mine property towards the central portion of the Alexander property. Gold mineralization potential in this area extending eastward from the adjacent mine infrastructure is open at depth.

ABOUT THE ALEXANDER PROPERTY

The Alexander Gold Project in Balmer Township is 100% owned by Conquest and is situated within the prolific Red Lake Gold Camp "Mine Trend". The property lies immediately adjacent to Goldcorp's Red Lake and Campbell gold mines, which contain historic production and current resources in excess of 25 million ounces of gold, and is located approximately 1,000 metres east of the Red Lake Complex headframe and within 400 metres of the Far East gold zone at the Red Lake gold mine. Many of the regional structures that have associated gold mineralization in the area of Goldcorp's two producing mines continue through the Alexander Property. Recent drilling by Goldcorp intersected 14.26 grams of gold over 0.61 metres on the Alexander property at a vertical depth of 300 metres.

QUALIFIED PERSON

Information of a scientific or technical nature contained in this release has been prepared by or under the supervision of Terence McKillen, P.Geo., the Chief Executive Officer of the Corporation and a Qualified Person within the meaning of National Instrument 43-101 of the Canadian Securities Administrators.

ABOUT THE COMPANY

Conquest is exploring several gold projects in Ontario. These include the Alexander Gold Project at Red Lake; the Aurora and Sunday Lake properties at Detour Lake; the King Bay Gold Project at Sturgeon Lake (60% interest); and the Smith Lake Gold Project at Missanabie.

There are currently 72,663,830 shares of Conquest issued and outstanding.

This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Conquest, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Conquest's expectations are exploration risks detailed herein and from time to time in the filings made by Conquest with securities regulators.

<< 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 the accuracy of this release. >>

SOURCE: Conquest Resources Limited

Terence N. McKillen, President & CEO, [phone];
D. Brett Whitelaw, Vice-President, [phone];
John F. Kearney, Chairman, [phone]; Email: [e-mail],
URL: http://www.conquestresources.net

http://investorshub.advfn.com/boards/board.aspx?board_id=15069

[NYBob]

Conquest Resources Limited - Press Release
CONQUEST RESOURCES LTD ORD
CQRLF | 9/2/2009 10:24:00 AM
TORONTO, Sep. 2, 2009 (Canada NewsWire via COMTEX News Network) --

- DRILLING COMMENCES AT ALEXANDER PROPERTY, RED LAKE, ONTARIO

Conquest Resources Limited (TSX-V: "CQR") is pleased to announce the commencement of drilling at its Alexander Gold Project in Red Lake, Ontario by Boart Longyear Canada. Phase one of a two-phase programme will comprise 4,000 metres of NQ drilling in the west and central portions of the property is expected to be completed by late October. Sampling and assaying of split core is expected to take five to six weeks after completion of the last drill hole with full reporting anticipated prior to the end of the year.

Conquest's Phase One drill programme is designed to test prospective stratigraphic and structural horizons at depth identified in previous drilling, surface trenching, geochemical soil surveys, airborne geophysical surveys, and recent surface drilling conducted by Goldcorp Inc. on to the property. Prospective massive sulphide and quartz-carbonate vein associated gold mineralization targets will be tested to vertical depths of approximately 500 metres within volcanic and sedimentary lithologies, along a strike length of about 1,800 metres extending from the boundary with Goldcorp's Red Lake mine property towards the central portion of the Alexander property. Gold mineralization potential in this area extending eastward from the adjacent mine infrastructure is open at depth.

ABOUT THE ALEXANDER PROPERTY

The Alexander Gold Project in Balmer Township is 100% owned by Conquest and is situated within the prolific Red Lake Gold Camp "Mine Trend". The property lies immediately adjacent to Goldcorp's Red Lake and Campbell gold mines, which contain historic production and current resources in excess of 25 million ounces of gold, and is located approximately 1,000 metres east of the Red Lake Complex headframe and within 400 metres of the Far East gold zone at the Red Lake gold mine. Many of the regional structures that have associated gold mineralization in the area of Goldcorp's two producing mines continue through the Alexander Property. Recent drilling by Goldcorp intersected 14.26 grams of gold over 0.61 metres on the Alexander property at a vertical depth of 300 metres.

QUALIFIED PERSON

Information of a scientific or technical nature contained in this release has been prepared by or under the supervision of Terence McKillen, P.Geo., the Chief Executive Officer of the Corporation and a Qualified Person within the meaning of National Instrument 43-101 of the Canadian Securities Administrators.

ABOUT THE COMPANY

Conquest is exploring several gold projects in Ontario. These include the Alexander Gold Project at Red Lake; the Aurora and Sunday Lake properties at Detour Lake; the King Bay Gold Project at Sturgeon Lake (60% interest); and the Smith Lake Gold Project at Missanabie.

There are currently 72,663,830 shares of Conquest issued and outstanding.

This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Conquest, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Conquest's expectations are exploration risks detailed herein and from time to time in the filings made by Conquest with securities regulators.

<< 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 the accuracy of this release. >>

SOURCE: Conquest Resources Limited

Terence N. McKillen, President & CEO, [phone];
D. Brett Whitelaw, Vice-President, [phone];
John F. Kearney, Chairman, [phone]; Email: [e-mail],
URL: http://www.conquestresources.net

http://investorshub.advfn.com/boards/board.aspx?board_id=15069

[NYBob]

CONQUEST RESOURCES L (OTCBB: CQRLF)

http://simulator.investopedia.com/stocks/cqrlf

http://investorshub.advfn.com/boards/board.aspx?board_id=15069

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41721674

I think Can$ will go higher with all oil, gas, oilsand, gold, silver metal resources biggest country in the world -
so I would buy CQR on Toronto exch. to get the money
to be worth more
imo. tia.
God Bless

[stacker3]

what is the process to get on otcbb? think they will?

[NYBob]

stacker3 got it, gfy CQR chart alert LT breakout



CQR chart still strong #1 bull wave / 4more to run

CQRL performance compared to ex.. GG Goldcorp
since Jan. 2008 -



ex..CQR perf. comp. to SLV


CQR still only fiat$0.2/sh I will not sell
below $5.-

btw. often when drilling take place or starting on
juniors exploration properties -
when good result are expected the performance
of the share price may be better
than the majors
history often repeat itself

http://investorshub.advfn.com/boards/board.aspx?board_id=15069
>

imo. tia.
God Bless

[stacker3]

SLV Chart:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=slv&sid=0&o_symb=slv&freq=1&time=8

looks pretty bullish

[stacker3]

Sounds good...

[BullsEye]

Tara Minerals Subsidiary Adit Resources Appoints Robert Wheatley as President and CEO
Press Release
Source: Tara Minerals Corp.
On Monday September 21, 2009, 9:00 am EDT
Companies:TARA GOLD RESTara Minerals Corp.Tara Gold Resources Corp.
CHICAGO, IL--(Marketwire - 09/21/09) - Tara Minerals Corp. (OTC.BB:TARM - News), a subsidiary of Tara Gold Resources Corp. (Pinksheets:TRGD - News) (Frankfurt:T8N - News), is pleased to announce that Robert Wheatley has been appointed as President, Chief Executive Officer, and Director of Adit Resources Corp. Robert is a geological engineer with over 35 years of diversified mineral exploration, business development, and mine development experience in twenty-one countries working primarily with gold, silver, copper, and molybdenum. Most recently, Robert was the Director of Exploration, for North and Central America, with Yamana Gold Inc.

Adit Resources Corp., a Tara Minerals 100% owned US subsidiary, has the right to acquire a 100% interest in Picacho. The Picacho property is located on a 3,236 hectare mining concession within the Northern Sierra Madre Gold Belt, 120 kilometers south of the U.S. border, in Sonora, Mexico. Picacho is in close proximity to Yamana Gold Inc.'s Mercedes project which has an announced resource of over 600,000 gold ounces and is now in mine development.

[BullsEye]

Ready for a good week Stacker3. Talk to you in the am bud...
EAS

[stacker3]

That's ok. Thanks i appreciate it...

[rnmenterprises]

Sorry I'm not on enough to chat more, but to answer one of your questions... Jason's shop is in Rocklin, CA, a part of the urban sprawl that constitutes sacramento... nicer area though...

[stacker3]

Sounds good....

[BullsEye]

Definately would like more education there Stacker! Thanks bro. Am interested in that Webinar too. Keep me informed

[stacker3]

Carry-trade link...

http://www.investopedia.com/articles/forex/09/credit-crisis-carry-trade.asp

[stacker3]

I would certainly agree with that article. Two other things i would throw in are 1. The massive short postition by the 4 major banks (you can read some parts of it here):

http://news.silverseek.com/TedButler/1250014324.php

and to elaborate on what Jason's talking about, as far as politicians "printing dollars", ya, no politician's going to get re-elected by "cutting" (which is what is necessary imo), so, they're basically forced to spend, even though its not the right thing to do.

it almost ensures a weaker dollar/huge deficits/stronger metals over the longer term.

think about it, 100,000 quarters bought for 25,000 dollars in 1964 (90% silver) are worth about 300-350,000 dollars today (just go to ebay n get price for 1 x 100k).
100,000 quarters bought for 25,000 in 1965 (the year we went off the silver standard made of the same thing quarters are made of today), = 25,000.
i don't know if you'd call that inflation, or the deterioration of the dollar. but whatever you'd call it, 25,000 into 300-350,000 seems like a good hedge to me.

***above is all my opinions (could be facts) but do your own dd and math i could be wrong i just woke up lol but i believe the numbers are basically accurate based spot being where it is today .

[stacker3]

You mentioned that your parents went into Jason's store. I was just curious, where is his store? Is he in the states, or is he in Canada? Thank You, and Thank You for posting that article....

[stacker3]

I've been pounding the table on silver for a year back when it was below 10 bucks. people don't realize, ya, gold's gone from 940-1020, but silver's up almost 75% just by sitting and holding it. lot more to come as well imo...keep an eye on it and check the iBox for upcoming educational events you can sign up for and get educated on it if you'd like.

[rnmenterprises]

The Stealth Gold Bull Market is Back
(But Americans Love Silver!)
Silver Stock Report
by Jason Hommel, September 17th, 2009

One trouble with Americans is that we think we are the center of the world. We do have about 5% of the world's population, and use up about 25% of the resources. That's mostly a function of being significantly "wealthier" than the rest of the world. But that's mostly paper wealth. Will it last? Only if we buy at least 25% of the world's silver and gold. Do we? Not in gold, but we do in silver! Let's get to the facts.

Worldwide, the world buys about 80 times as much gold as silver, for investment. The world annually purchases gold worth $80 billion (about 80 million oz., or 3500 tonnes). If American-led Central bank selling did not help meet demand and add to mine supply, then the gold price would go up faster than it already has. Remember, central bank selling is a manipulative and unsustainable supply source.

The annual silver investment market is only $1 billion. Annual production is about 600 million oz., but only about 50-100 million oz. is purchased for investment.

These figures show that the world is buying 80 times as much gold as silver, for investment.

American investors seem to buy more silver than the rest of the world. Why? I would guess that we seem to know more about the supply/demand statistics, and know that the silver market is much smaller, and know that the silver/gold ratio shows that silver is cheaper. Maybe it's because we recently used silver in our currency as late as 1964, and many other nations don't have such a recent history of using silver as money?

Sales of American Gold and Silver Eagles show that Americans are purchasing about only 3 times as much dollar volume of gold Eagles as Silver Eagles per year.

Production figures:
http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=sales&year=2009

Show that for 2009, from January to September, the US Mint has produced:
903,000 Gold eagles, and
19,364,500 Silver Eagles.

At an average price ratio of 60 to 1, at about $15 for silver and $900 for gold, we have dollar volumes of:

Silver Eagles: $290,467,500
Gold Eagles: $812,700,000

The last figure, the ratio of 812/290 shows that Americans buy about 2.8 times as much dollar volume of gold Eagles, than Silver Eagles. That's dramatically different than the world ratio of 80 to 1, and thus, heavily skewed towards silver!

But do Americans buy 25% of the world's gold and silver? Not in gold. Gold Eagles are about 1/100th of the overall world gold market. Silver Eagles are just over 1/5th of the world silver investment market (20/100 million oz.!)!

Wow, I never realized that American investors favored silver that heavily. Congratulations, America!

And many silver buyers buy silver other than in Silver Eagles! So, perhaps Americans are buying up to 1/2 of all silver investment demand. Fantastic job America! That implies great news for the future wealth for America.

Unfortunately, the $300 to $600 million that Americans spend on silver is only a tiny, tiny, tiny fraction of the overall investable wealth of Americans. If the word gets out about silver to the majority of Americans, silver prices have no choice but to explode. Imagine if Americans spent ten to one hundred times as much money on silver each year! It's possible, and perhaps even likely, as the truth about every thing tends to be exposed and get out at some point.

Nevertheless, given current national actions, I tend to think that the average coin shop would carry 3 times as much gold as silver, to match overall market demand.

But knowing what we know about silver, we do the opposite, fortunately, for our own future capital gains, and for our customers.

We carry about 3 times as much silver, as gold! And fortunately, our customers buy about the same dollar volume of silver and gold.

Americans are not driving this bull market in gold. In a sense.

What I mean is that Americans are not buying enough gold in significant quantities, as Gold Eagles are 1/100th of the gold market. But rather, American politics, which requires massive printing of US Dollars (Sorry, Federal Reserve Notes), is, indeed, driving gold prices higher.

Americans are not buying enough gold to drive gold prices up.

Americans, over the past decades, have elected politicans whose policy decisions require printing more paper money, and that's driving gold prices up, as other nations see our foolish action of priting up too much money, and other nations are wisely buying gold.

Since I have started dealing silver and gold, maybe I have better observations about the silver and gold markets, and perhaps less time to write about them.

Over the last 6 weeks, we have bought and sold about the same amounts of precious metals to and from our customers, and we have accumulated a bit more gold from the public selling gold for silver. We have not had to order very much from our wholesalers, or other mints. Enough people been cashing out their silver and gold, enough to balance out our trade.

Americans buy less gold than other nations (1/100th of the world market?), and much more silver (40% of the world market?), but could still buy much, much, much, much, much, much, much, much, much, much more of both. This bull market in precious metals is barely getting started.

[stacker3]

There's certainly a lot going on. eom

[the cork]

GOLD/COPPER - PRODUCING JR MINER!!!!

(Just got this from Threw-er-back's new board.)

Just got off the phone w/ John Dicicco office mgr/IR. Nice guy VERY informative. 24+- million shares out NO dilution. DEBT FREE. 300k+- cash on hand. Will be 750k +- once they get paid for Gold shipment. PR forthcoming about it. Has a copper shipment going out soon a well. More $$. No future dilution til POSSIBLY .50 pps and ONLY if needed. Magic financing # is 1.00.At that pps they will pursue financing. Stock formally traded at 4.00+- and they did a 2-1 forward split stock hovered around 2.00 after, then crashed along w/ market and JR MINERS stocks..traded at .09 3 months ago..today 25.5. 5.5 million shares controlled internally. Pres. owns 1.8 million shares. Primary focus on precious metals GOLD/COPPER. Have several additional properties they are looking at. No reverse splits planned EVER and no buy back in the cards ..No sale plans UNLESS they were to hit a MONSTER property..
Spent over 5 million on the shaft to get down to the good stuff..with no dilution
Read their website Call John Dicicco 1 [phone]
President has 50yr. track record in mining business.
Betta get some..imo

http://investorshub.advfn.com/boards/board.aspx?board_id=16079