The Gold Vault

[phreshmeat]

Any winners in gold these days?

[meltinglass]

If you are an intrepid investor looking to hit a home run in a very beaten-down sector, then I think there's none better right now than gold miners.

The sector has shrunk to such a small market cap—because of the current bear market—that when the money does come I think it will be outsized. These stocks have fallen so far, and people are so negative on them, that a change in sentiment could drive these prices upwards very quickly.

If I'm right on the large magnitude move in the gold and silver price, it will lead to a tremendous flow of money into this sector because these companies will start making a lot more money.

[meltinglass]

If you are an intrepid investor looking to hit a home run in a very beaten-down sector, then I think there's none better right now than gold miners.

The sector has shrunk to such a small market cap—because of the current bear market—that when the money does come I think it will be outsized. These stocks have fallen so far, and people are so negative on them, that a change in sentiment could drive these prices upwards very quickly.

If I'm right on the large magnitude move in the gold and silver price, it will lead to a tremendous flow of money into this sector because these companies will start making a lot more money.

[meltinglass]

Presentation entitled "The Ruby Tertiary Channel, Sierra County, California" delivered by Gary Clifton, P.Geo,
at the Geological Society of Nevada (GSN) membership meeting in Reno, NV on January 17. 2014.
(duration 1hr+ - allow time to download - click Enable Content then Slideshow to begin)



http://www.northbayresources.com/ruby/clifton/Geology%20of%20the%20Ruby%20Tertiary%20Channel,%20Sierra.pptx

[meltinglass]

Interesting article on Yahoo Finance states that bashing gold miner stocks has reached new heights in popularity, and recommends going against the popular trend and investing in miners, quote follows: 'Blood in the Streets' Gold Miner Play Could Pay Off Big 45 minutes ago Haters gonna hate, politicians gonna lie, and gold bashers gonna bash. The third of these homespun truisms has never been more prevalent then of late, as nearly every pundit I've heard these days is ready to toss the metal, and miners, out like a red-headed stepchild. Year to date, gold prices have admittedly been dismal. So far in 2013, SPDR Gold Trust (GLD) is down more than 28%. Mining stocks have fared even worse. Year to date, Market Vectors Gold Miners (GDX) is down 54%. That's the worst performance in the sector since the widespread equity meltdown of 2008. The chart below shows the fund trading well below both the short-term, 50-day moving average and the long-term, 200-day moving average. In fact, GDX now trades just slightly above multi-year lows. So, what's made gold and gold miners such an unappealing trade this year? [More from ProfitableTrading.com: Changing Job Market Could Boost These Shares 15%] Well, first we need to understand that this year's selling came after a five-year bull run that was fueled in large part by the Federal Reserve and its easy money policies. A near-zero interest rate policy and massive quantitative easing via an $85-billion-per-month bond-buying scheme caused a lot of capital to maneuver into the safety and inflation trade that gold represents. Yet, as the year got under way, the wind came out of gold's sails, as talk of Fed tapering and an improving economy caused a rotation out of gold and into high-flying equities. Proof of the negative effect of tapering on gold can be seen recently. When the Fed finally announced that it would begin tapering next year at a proposed pace of $10 billion per month, the news sent gold and the miners down to multi-year lows, and both now are testing very long-term technical support levels. But here's the thing -- if you are an intrepid investor looking to hit a home run in a very beaten-down sector, then I think there's none better right now than gold miners. First off, there's the aforementioned technical picture. Yes, it's bearish here, but if we see gold miners hold support for a few weeks at current levels, then it could be the floor that the smart money has put on gold. It also could be the value at which the market looks at gold now that the taper decision has been made. [More from ProfitableTrading.com: Gun Stock Could Rally Another 25% in the New Year] Second, the big-picture reason why gold and mining stocks went higher over the past few years is due to fear of inflation caused by all of the money printing that central banks around the globe have engaged in since the Great Recession. While this inflation hasn't materialized yet, at least not in official metrics, there still are billions of dollars that remain on bank balance sheets that haven't yet made their way into the system. If that starts to happen in 2014, and an uptick in inflation begins, then gold and miners could easily catch a bid once again. Finally, there is the "blood in the streets" reason to buy gold miners. This reference to the famous Baron Rothschild quote applies here, because to make the really big money in a trade you usually need to get into a trend before it ignites. In this case, before it re-ignites. Doing so is, admittedly, a swing for the fences. In trying to hit a home run with gold miners, there's a good chance you could strike out. Yet, if you put a small amount of trading capital to work, and if you have a stop-loss in place, your downside is minimal in an ETF such as GDX. Meanwhile, the upside of another bull run in gold could let you participate in the contrarian glitter in the space. [More from ProfitableTrading.com: This 170% IPO Winner Still Has Plenty of Room to Run] Recommended Trade Setup: -- Buy GDX above $22.90, just above the current 50-day moving average -- Set stop-loss at $21.07 -- Set initial price target at $27.48 for a potential 20% gain in six months Related Articles Related Articles High-Flying Stock's Sell-off Presents Great Buying Opportunity Changing Job Market Could Boost These Shares 15% Gun Stock Could Rally Another 25% in the New Year This 170% IPO Winner Still Has Plenty of Room to Run

[MoneyJames]

Brigus gold (BRD, BRD.TO) will make you money.

Current share price: $0.65
2013 Q1 Earnings: $0.06

Are you kidding???? I'm buying this stock like it's a watermelon in the summertime.

http://www.brigusgold.com/Cache/1001175615.PDF?Y=&O=PDF&D=&FID=1001175615&T=&IID=4288058

[meltinglass]

NBRI - Today's strong Bull Flag found with significant Volume shows the upward movement that was last interrupted at about .07 is already supported well enough to continue.
http://informedtrades.hubpages.com/hub/How-to-Trade-the-Flag-and-Pennant-Chart-Patterns-Video

Further, there is very good evidence found from the recent increased frequency of higher volume trading days, which all tend to be positive days, plus the evidence in the accumulation shown in CMF since mid-March; that this could very soon break into a rapidly accelerated run that will continue beyond the .08 to .10 trading ranges before experiencing any need for pause.

thanks to Cee-It for this post.

[meltinglass]

The Comex Confirms That Its Gold and Silver Inventory Reports Are Fraudulent

Posted by Dave in Denver
at 11:51 AM Tuesday, June 4, 2013

"The information in this report is taken from sources believed to be reliable; however, the Commodity Exchange, Inc. disclaims all liability whatsoever with regard to its accuracy or completeness. This report is produced for information purposes only." - disclaimer now posted on the Comex gold and silver daily warehouse stock report as of Monday, June 3, 2013.

Well now. How would you like to get your bank statement in the mail from JP Morgan or Bank of America and see this disclaimer added at the bottom:

"The information in this account statement is taken from sources believed to be reliable; however, JP Morgan Chase & Co. disclaims all liability whatsoever with regard to its accuracy or completeness. This account statement is produced for information purposes only."

How would feel about that? That's pretty much the equivalent of what the attorneys for the CME/Comex have done by adding the statement at the top to their daily gold and silver warehouse stock reports. That disclaimer was not in Friday's warehouse stock report, it was on yesterday's (kudos to the commenter "anonymous" who discovered this).

The common reaction would be to ask "why now?" But we already know the answer to that question. I've suspected for a long time that the Comex vault operators lease out a substantial portion of the gold and silver bars that they keep in both the "registered" and "eligible" account designations. It would be easy income for JP Morgan, a bullion bank who actively engages in gold leasing, to lease out the majority of the bars it stores for delivery - "registered" - and for investors who have taken delivery but keep their gold/silver in JPM's Comex vault - "eligible." After all, in any given delivery month, less than 1-2% of the open interest ever stand for delivery, making it very easy for a Comex vault operator to earn extra income by leasing out gold and silver that it knows it will never be required to produce for delivery.

I am willing to bet a very large amount of money that this disclaimer was put on the warehouse reports starting yesterday as a result of the large amount of gold bars that has been physically removed from Comex vaults, and specifically from JP Morgan's "eligible" account, since the beginning of the year. This means that it is highly likely that a significant portion of the remaining gold and silver sitting in Comex precious metals vaults - especially JPM's - has been been hypothecated in some form.

For anyone who has witnessed what happened with MF Global and the illegal hypothecation of customer assets, a situation in which JP Morgan is/was inextricably tied, if you believe that Wall Street is willing to hypothecate the sacred customer accounts but would not hypothecate or lease out Comex gold, then you are either tragically naive or terminally ignorant.

To make matters even worse, I just looked up the Comex warehouse rules with regard to storage and guarantee requirements, and there is not any requirement that Comex vault operators establish "allocated" accounts for the individual customers who have taken delivery - theoretically - of gold or silver from the Comex and chose to "safekeep" it in a Comex vault. Here's the link the to rules: Comex Storage Rules http://tinyurl.com/lbyl7t6

Yes, insurance is required, but there will come a time - likely sooner than most think - when there will be a rush by Comex vault customers to take delivery of the metal they have been ambivalently assured is sitting in a Comex vault. Unfortunately for them, they will receive a notice that will say "see the disclaimer on our website, check's in the mail."

Posted by Dave in Denver at 11:51 AM
http://truthingold.blogspot.com/2013/06/the-comex-confirms-that-its-gold-and.html

[NYBob]

AMERICA’S BUBBLE ECONOMY IS GOING TO BECOME AN ECONOMIC BLACK HOLE -



http://silverdoctors.com/americas-bubble-economy-is-going-to-become-an-economic-black-hole/

WAKING UP TO $4,000/OZ GOLD…AND NOTHING OFFERED
MAY 21, 2013 BY THE DOC 23 COMMENTS

http://silverdoctors.com/waking-up-to-4000oz-gold-and-nothing-offered/

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88210326
God Bless

[meltinglass]

No Bear Market In Gold — Paul Craig Roberts

http://www.fromthetrenchesworldreport.com/no-bear-market-in-gold-paul-craig-roberts/44730

You know that gold bear market that the financial press keeps touting? The one George Soros keeps proclaiming? Well, it is not there. The gold bear market is disinformation that is helping elites acquire the gold.

Certainly, Soros himself doesn’t believe it, as the 13-F release issued by the Securities and Exchange Commission on May 15 proves. George Soros has significantly increased his gold holding by purchasing $25.2 million of call options on the GDXJ Junior Gold Miners Index. http://bullmarketthinking.com/soros-reports-over-239mm-in-gold-positions-buys-25mm-in-call-options-on-juniors/

In addition the Soros Fund maintains a $32 million stake in individual mines; added 1.1 million shares of GDX (a gold miners ETF) to its holdings which now stand at 2,666,000 shares valued at $70,400,000; has 1,100,000 shares in GDXJ valued at $11,506,000; and 530,000 shares in the GLD gold fund valued at $69,467,000. [values as of May 17]

The 13-F release shows the Soros Fund with $239,200,000 in gold investments. If this is bearish sentiment, what would it take to be bullish?

The misinformation that Soros had sold his gold holdings came from misinterpreting the reason Soros’ holdings in the GLD gold trust declined. Soros did not sell the shares; he redeemed the paper claims for physical gold. Watching the gold ETFs, such as GLD, being looted by banksters, Soros cashed in some of his own paper gold for the real stuff.

The giveaway that Soros is extremely bullish on gold comes not only from his extensive holdings, but also from his $25.2 million call option on junior gold stocks. This is a highly leveraged bet on the weakest gold mines. With high production costs and falling gold price from constant short selling in the paper market, Soros’ bet makes no sense unless he thinks gold is heading up as the short raids concentrate gold in elite possession.

In previous articles I have explained how heavy short-selling triggers stop-loss orders and margin calls on investors in gold ETFs. Scared out of their shares or forced out by margin calls, investors’ add to the downward price pressure caused by the shorts. Bullion banks and prominent investors such as Soros are the only ones who can redeem GLD shares for physical metal. They purchase the shares that are sold in response to the falling gold price, and present the shares for redemption in gold metal.

Insiders familiar with the process describe it as looting the ETFs of their gold basis.

In my last column I described how the orchestration of a falling gold price in the paper market protects the dollar’s value from the Federal Reserve’s policy of printing 1,000 billion new ones annually. The other beneficiary of the operation is the financial elite who buy up at low prices the ETF shares sold into a falling market and redeem them for gold. Like all other forms of wealth in the West, gold is being concentrated in fewer hands, while the elite shout “bear market, get out of gold.”

The orchestrated decline in gold and silver prices is apparent from the fact that the demand for bullion in the physical market has increased while short sales in the paper market imply a flight from bullion. As a hedge fund manager told me, it is a Wall Street axiom that volume follows price. Bull markets are characterized by rising prices on high volume. Conversely bear markets feature declining prices on low volume. The current bear market in gold consists of paper gold declining steadily while demand has escalated rapidly for physical metal. This strongly indicates that demand for physical gold continues to be in a bull market despite the savage attacks on paper gold.

If the orchestration is apparent to me, a person with no experience as a gold trader, it certainly must be apparent to federal regulators. But don’t expect any action from the Commodities Future Trading Corporation. It is headed by a former Goldman Sachs executive.

And don’t expect any investigation from the financial press. The financial press sees a bear market while supplies of bullion decline, premiums over spot rise, and even publicly declared bears such as George Soros make highly leveraged bets that will fail in the absence of a bull market in gold.

[meltinglass]

The Future For Gold Supply Looks Grim: An Opportunity For Gold Investors

Over the past 11 years gold prices have increased 500%, but production has only been up around 6% over the same period.

This means that even though miners are processing lower grade ores they are only barely increasing supply

http://seekingalpha.com/article/1439831-the-future-for-gold-supply-looks-grim-an-opportunity-for-gold-investors?source=email_rt_article_readmore

[b4atf]

Mods rule! We are 75% of the Gold Vault!

b4

[Hedge Starz]

Maria Gold Claim and more for $SANP
100% owned
1,400 Hectare claim is situated between three massive mineral finds.
The first is situated just 200 meters from the northern end of the massive Falconado Xstrata Nickel mine, which according to public disclosures, has uncovered 49.6 million tons of nickel at a grade of 1.21%.
The second formation lies just 35 kilometers south east of the Maria claim: Barrick Gold’s 23.7 million ounce Pueblo Viejo Gold Mine, the largest gold find in the western hemisphere and one of the top three gold reserves worldwide, based on public disclosures.
The third close-by formation is 36 kilometers southeast from the Maria claim: Perilya Gold, domestically known as “Cerro de Maimon,” which has gold findings of 1.76 grams/ton and silver findings of 31.10 grams/ton.
Initial information suggests very encouraging grams per ton ratio of gold.
SANP’s exploration team is very optimistic about this valuable claim.
Alexia Gold Claim
100% owned.
11,575 Hectare claim is surrounded in all directions by numerous gold discoveries under continued exploration by the following mining companies:
Unigold which is only 2,500 meters south of the claim has initial reserves of up to 21.9 g/t of gold;
Everton Resources immediately west has showings of 8.17 g/t gold;
Newmont/ Eurasian at La Miel is 36 Km from the claim with showings of 2.5 g/t gold.
Barrick Gold which is very active has reported publicly that it has proven reserves of 23.7 million ounces of gold and proven reserves of 147.7 Million ounces of silver, making it the largest gold find in the western hemisphere.
Geologically, the claim lies within the same cretaceous volcanic belt as the 23.7 million ounce Pueblo Viejo project.
Francesca Gold Claim
100% Owned
Consists of 2,120 Hectares
For many years Moncion, where Francesca is located, was a bustling mining town where many locals worked in the local mining co-operative. According to a report conducted by the Dominican Mining Office titled, "Analisis y Ordenacion de la Mineria Artesanal," the cooperative had extracted black sand to the south of Moncion with a gold assay of 101 g/m gold.
Francesca shares the mineral rich "Hispaniola Gold Copper Arc" formation with:
Barrick Gold's "Pueblo Viejo" mine with 25 million ounces of Gold;
Perilya Gold's "Cerro de Maimon," Goldquest's recent impressive "Romero" discovery;
Falcondo Xstrata's massive nickel complex

[Hedge Starz]

Claims for $SANP
Walter Mineral Claim
100% owned
200 Hectare claim
Strategically located:
Less than one mile east of work class Pueblo Viejo Gold mine operated by Barrick Gold.
One mile Southwest of Perilya Gold.
Due diligence leads Santo’s team to believe that mineralized trends recently found by Barrick and Perilya likely extend onto the Walter claim.
Pueblo Viejo is ranked in the top three gold reserves worldwide, into which Barrick has invested $3.5 Billion–the largest investment in the history of the Dominican State.
Barrick has publicly disclosed that the Pueblo Viejo Gold Mine has reserves of 23.7 million ounces of gold and 147.7 million ounces of silver.

[NYBob]

Where’s the Gold or the Silver? -



http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=181879&sn=Detail

$GOLD chart triple bottom in bullish flag -




Gold the more poncy schemes 666 fed manipulation -
the more jojo-volatility the Higher Au & Ag jumps on LT -

CALVF January 2013 Presentation

http://www.caledoniamining.com/pdfs/CALPres-01142013.pdf

CALVF Edison Research Report - Caledonia Mining

http://www.caledoniamining.com/pdfs/CALPres-01182013.pdf

CALVF Mission provide food for 10000s of People -


Caledonia Mining Corporation (CALVF) Queen Sheba -

http://www.biblebelievers.org.au/monie.htm



Its hard to predict the chart corners with the fundamental side
of many bailout 666 robberies manipulations of the People;
when NO robbers, plunders of $trillions or
NO 9/11 murders goes to jail etc. very sad etc. -
ex....
http://www.jesus-is-savior.com/Evils%20in%20Government/Federal%20Reserve%20Scam/root_of_all_evil.htm

888
God Bless

[b4atf]

Its nice have a pick that is growing!

b4

Lucara 2012 Summary

Jan 31, 2013 17:18:07 (ET)


VANCOUVER, BRITISH COLUMBIA, Jan 31, 2013 (MARKETWIRE via COMTEX) -- Lucara Diamond Corp. ("Lucara" or the "Company") (botswana:LUC)(nasdaq omx first north:LUC) is pleased to provide a summary of 2012 production and project progress.

Karowe Mine


-- The mine treated 1.4 million tonnes, 9% above forecast in 2012. Ramp-up
to full production capacity, which commenced in April, was achieved by
August
-- The mine produced 303,060 carats of diamond, 12% above the forecast of
271,000 carats.
-- There were 5 sales of Karowe goods in 2012 generating a total of $54
million in revenue.
-- Diamond production included an exceptional 9.46 carat blue diamond which
sold for $4.5m ($447,272 per carat). Other smaller blue diamonds have
subsequently been recovered, including a 4.77 carat diamond which will
be sold in 2013.
-- The excellent safety record was continued through the year. At Karowe
there were no Lost Time Injuries ("LTI's") or reportable environmental
incidents. There have been over 2.8 million hours worked without any
LTI's since March 2011, including 1.6 million hours since the beginning
of 2012.



Mothae Update


-- In the fourth quarter of 2012 the x-ray recovery tailings audit of
diamond recovery tailings was completed. The project is now fully
transitioned to a small care and maintenance team.
-- Project development options will continue to be evaluated through 2013.
Initial indications from the Preliminary Economic Assessment work
indicate that the project currently does not achieve required internal
hurdle rates. This is due to the prevailing economic conditions which
have put downward pressure on diamond prices, and is further impacted by
significantly higher capital for infrastructure, particularly power, for
this remote site.



William Lamb, President and CEO, commented, "This has been an achievement filled and rewarding year for Lucara, which has successfully transitioned from a mine developer to a mine operator. The technical and managerial strength of the team at Karowe has been demonstrated by the rapid ramp up to full production; the diligent work in overcoming commissioning challenges; the achievement of production and sales forecasts; and most importantly doing all this without harm to our staff or the environment. We look forward to taking the company further in 2013."

[phreshmeat]

PHEAR NOT PHREINDS!
Rumors of my demise are greatly exagerated!!!
Drink up and keep your gold shined up!

[b4atf]

♫ Gem and cork, sitting in a tree... ♪

[b4atf]

Where is gold going? That is the question.

b4

[b4atf]

HeeHee, Thanks melt!

b4

[meltinglass]

Another fine production that dares to to tell it like it is!

"captivating subtitles!" - TIME MAGAZINE

"A bold look into the world of message board fascism" - New York Times

"A timely film about greed and control in today's society" -Entertainment Weekly

And the Oscar goes to B4 for directing "the little ditty"

[b4atf]

Gold hits $1790! JPM is in pain. $1780 was JPMs line in the sand.

b4

[b4atf]

Thanks melt, I have been a fan of Cluff for years and never took a bite. Here's another goodie!

Luna Gold Conditionally Approved to Graduate to the TSX

Sep 20, 2012 08:02:12 (ET)
VANCOUVER, BRITISH COLUMBIA, Sep 20, 2012 (MARKETWIRE via COMTEX) -- Luna Gold Corp. (otcqx:LGCUF)(lma:LGC) ("Luna" or the "Company") is pleased to announce that it has received conditional approval to list the Company's common shares on the Toronto Stock Exchange (the "TSX"). The listing remains subject to certain conditions. These conditions include, without limitation, final approval from the TSX.

The Company anticipates that the graduation will take place in October of 2012, and will provide an update on timing as it finalizes these details.

John Blake, Luna's President and CEO, stated, "We are proud to announce our anticipated graduation to the TSX, the premier stock exchange for mining companies. A listing on the main board will increase our visibility to investors around the globe. I would like to thank both the Luna team and all those involved in our development for their hard work and support. This achievement is a result of their dedication."

Following graduation to the TSX, Luna's common shares will continue to trade under the stock symbol "LGC". The currently listed warrants of the Company will continue to trade on the TSX under the symbol "LGC.WT".

[meltinglass]

A Total Game Changer in the Gold Market with Samsung’s Deal with Cluff Gold
Posted on September 18, 2012 by Michael Krieger
Last week’s news of a strategic partnership between Samsung and Cluff Gold is potentially one of the most significant events to happen in the gold market during the entire bull market that began over a decade ago. The implications of this deal are enormous, and are particularly bullish for mining companies. This line from Cluff Gold’s press release says it all:

Cluff Gold plc, the dual AIM/TSX listed West African focused gold mining company, is pleased to announce that it has signed a Memorandum of Understanding for a long term strategic partnership with Samsung C&T Corporation (“Samsung”). This alliance commences with an unhedged US$20m facility to provide additional funding to Cluff Gold to further the development of its portfolio of assets.

Through this long term partnership Samsung will have access to a reliable supply of gold bullion, underpinned by the Company’s strong operational and management team whilst Cluff Gold will benefit from Samsung’s financial support. The relationship is expected to result in a significant financing in Cluff Gold’s Baomahun project, subject to the outcome of the feasibility study, together with an ongoing commitment to jointly assess other opportunities in the region.

So here we have it folks. We have finally reached the point where large global corporations can no longer ignore the writing on the wall with regard to fiat currencies (they will all be devalued massively, if not printed into extinction) and have started to protect themselves. Think this will be the last such deal? Think again. Mining shares have recently started to outperform gold and they could continue to play significant catch up. Particularly the smaller miners that are in desperate need of such financing. Furthermore, Goldcorp’s CEO just said that “development-company valuations have come down to where, at least on paper, it looks like there’s some opportunities.”

[Swamp Rat]

Invest in black gold...see my picks

[b4atf]

Don't know if anyone is following Ely Gold -ELGYF but it is gaining slow but steady.

b4

[b4atf]

One of the easiest ways to find a stock's short interest ratio is by going to Yahoo Finance, looking up a ticker you're interested in, and then clicking the "Key Statistics" link in the left-hand column. You'll find the short ratio on the right hand side of the page.

In my view, anything above 7 is a red flag. At that level, you're starting to get to the point where short selling makes up a big position in this stock, and investors need to be focused on who's in control. Anything below that level typically means that shorting is limited to investors who are hedging or using non-directional strategies like a pairs trade. You can ignore them.

The other metric to watch is the the percentage of float short. This stat measures what percentage of a stock's trading shares are currently bet against the company (unlike the short interest ratio, which focuses on shorting as a ratio of daily trading volume and how long it would take shorts to cover their bets). Again, if a large chunk of shares are bet short, there's the potential that sellers are in control of the market.

For simplicity's sake, you can find the percentage of a company's stock that's short in the same spot on Yahoo Finance...

[b4atf]

Still here

b4

[phreshmeat]

Slackers!

[b4atf]

June is a regular gold month and lots of experts are predicting a nice run up.

b4

[meltinglass]

[meltinglass]

North Bay Resources Inc.

North Bay Resources Inc. (OTCBB: NBRI) is a fully-reporting junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.

Authorized Shares: 250,000,000
Shares Outstanding: 98,724,621 as of March 30, 2012
Float: 67,472,999 as of March 30, 2012

In the US, the Company has acquired the Ruby Gold Mine in Sierra County, California, and is presently looking to acquire additional operating mines in the western US.

http://www.northbayresources.com/ruby/

The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. Join us. Our future is golden!

Annual revenue from on-going Joint-Ventures in Canada.

Owns over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. Properties contain deposits of precious metals, including gold, silver, platinum, and palladium, as well as base metals, including copper, zinc, lead, molybdenum, vanadium, and rare earth elements (REE).

Business plan based on the Generative Business Model, designed to leverage properties into near-term revenue streams even during the earliest stages of exploration and development.

$5 million equity credit line in place; $7.5 million in non-dilutive EB-5 funding in the pipeline.

Canadian Projects http://www.northbayresources.com/propndx.html

As of April 12, 2012, North Bay Resources Inc. owns over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.

The following properties are our primary target areas of focus:

Willa: Silverton, BC (Gold, Silver, Copper)

Monte Cristo: Lillooet River Valley, BC (Platinum, Palladium, Gold, Silver)

Fraser River Platinum: Lytton, BC (Platinum, Iridium)

Silver Cup Ridge: Trout Lake, BC (Gold, Silver, Copper)

Tulameen Platinum Project: Tulameen, BC (Platinum, Palladium, Rhodium, Gold, Silver)

Tor: Tulameen, BC (Platinum, Palladium, Rhodium, Gold, Silver)

Lardeau Creek: Trout Lake, BC (Gold, Silver, Platinum, Nickel, Copper)

Gold Hill Project: Salmo, BC (Gold, Silver, Molybdenum, Tungsten)

Rachel: Salmo, BC (Gold, Silver)

Connie Hill: Vancouver Island, BC (Gold, Silver, Copper)

Argo Gold: Tatlayako Lake, BC (Gold, Silver)

Coronation Gold: Slocan, BC (Gold, Silver, Lead, Zinc) [JV]

Pinnacle Gold: Pilldolla Creek, BC (Gold, Silver, Copper)

Loughborough Gold: Loughborough Inlet, BC (Gold, Silver)

Granite Creek Platinum: Tulameen, BC (Platinum, Palladium, Iridium, Rhodium )

Lynx Gold: Vernon, BC (Gold, Silver)

Fawn: Nechako Plateau, BC (Gold, Silver) [JV]

Bouleau Creek Gold: Vernon, BC (Gold, Silver) [JV]

Cherry Gold: Vernon, BC (Gold, Silver)

Lancers Mountain Gold: Lancers Mtn, BC (Gold, Silver, Lead, Zinc, Molybdenum)

New Eskay Creek: Stewart, BC (Gold, Silver)

Truax Gold: Bralorne, BC (Gold, Silver)

Pine River Vanadium: Pine River, BC (Vanadium)

Zippa Mountain Wollastonite: Iskut River, BC (Wollastonite)

Raven Gold: Iskut River, BC (Gold, Silver)

Zeballos Gold: Zeballos, BC (Gold, Silver)

Crescent REE: Crescent Valley, BC (Niobium, Tantalum, REE)

[b4atf]

This little miner has done well for me.
b4


Please find enclosed a news release issued this afternoon. If you have any questions or require further information, please do not hesitate to call.



Best regards



Sophia Shane

Ph. 604 689 7842



KAROWE COMMISSIONING UPDATE



April 11, 2012 (LUC – TSX, LUC – BSE, LUC – NASDAQ OMX First North) … Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to provide an update on the construction and commissioning activities at its wholly owned Karowe Mine in Botswana.



Construction of the process facilities and associated infrastructure is on schedule, and was sufficiently complete at the end of Q1 2012 to allow for commissioning activities to commence in April.



All sections of the process plant have been individually operated with run-of-mine ore with a number of these sections having already been run at or above design capacity. To date, as part of the commissioning process, more than 5,000t of ore has been processed through the front-end of the plant. Mining activities are significantly advanced with more than 280,000t of stockpiled ore being available to support the commissioning and ramp-up activities.



The team at Karowe continue to make excellent progress on commissioning activities. Hand-over to operations will commence once all sections of the process plant are operating as a single system.



Ramp-up to steady state full production will continue through Q2 2012.



Mr. William Lamb, President and CEO of Lucara Diamond Corp., commented, “This is a significant milestone for Lucara. The first diamond production from Karowe edges us closer to being part of an exclusive group of diamond producers. Our focus over the coming months will be to drive towards sustainable production.”

About Lucara

Lucara is a well positioned emerging new diamond producer. The Company has an experienced board and management team with years of diamond development expertise. The Company’s two key assets are the Karowe Mine in Botswana and the Mothae Project in Lesotho. The 100% owned Karowe Mine is in the final construction stage with mine commissioning having recently commenced. The 75% owned Mothae Project is currently in the trial mining stage. Both Mothae and Karowe are large scale assets with tonnage and throughput upside; diamond values from both could significantly increase with the continued recovery of Type IIA and large stones.

Qualified Person

Mr. Anthony George, P. Eng., a mining engineer and Lucara's V.P. Development, is the Company's Qualified Person pursuant to NI 43-101 and has reviewed the technical contents of this news release.

On Behalf of the Board,



William Lamb

President and CEO







Lucara’s Certified Advisor on NASDAQ OMX First North is Pareto Öhman AB.





For further information, please contact:



Sophia Shane, Corporate Development [phone]



Robert Eriksson, Investor Relations, Sweden [phone]

[meltinglass]

Enjoy your vacation PT they always end too soon.

[meltinglass]

This Indicator Says Gold $1,800 Is All But Certain…

Apr 11th, 2012 | Matt Insley | Category: Gold, Precious Metals
leadimg

Gold is about to get much closer to $1,800. In quick fashion, too.

Today, a 3-year, fail-proof strategy is flashing gold’s next move.

You see, each time this gold indicator tips its hand, the market heads higher. It’s happened four specific times since late 2008, all leading to massive short-term run-ups in price.

Today that signal is flashing again. It’s poised to shoot gold to $1,800 and mark your 5th opportunity to cash in…

http://dailyresourcehunter.com/indicator-gold-1800-all-but-certain/

[meltinglass]

Thanks I already have

[b4atf]

The spirit of 1776 will defeat the mindset of 1984.

HeeHee!

b4

[meltinglass]

If anything should be shut down it's the SGC msg board. I say two month suspension. lol

[b4atf]

Nice find melt! I guess a few folks agree there is gold in them thar hills!

b4

[meltinglass]

It would be nice to hear from sgc soon.

I would love to see that more Jv's are on the way, that's a great way to generate income on unused properties.

A farming update would be good to.

Hoping their fuel tanks are full and good things are coming.

I hope one day the PR comes that blows the negative vibes away.

GO SGCP!!

had to come here for sane discussion

[meltinglass]

Gold Exploration in West Africa


http://investorshub.advfn.com/boards/board.aspx?board_id=1588

[meltinglass]

no matter how dark it gets outside some people keep pulling down the shades!

[meltinglass]

A final tune for the big board...

hope you're feeling better, glad you're back.

[b4atf]

Nice catch melt!

Someone will be happy to get the pole position.

HeHeHe

b4

[meltinglass]

someone is missing from the big board. I wonder where he went?








HEHEHE...

[b4atf]

Hard to post on the big board.

It is like a diamond expert examining a stone for impurities. That jewelers loupe detects any flaws!

Perhaps I cracked a grin or had some sin in my heart... Aaack!

b4

[meltinglass]

one for the big board:

one way or another this darkness got to give!

[b4atf]

HeeHee! Thanks for the DD! melt!

b4

[meltinglass]

GLOBALFAKENEWSWIRE RELEASE:Apr 1 2012

SGCP Annouces Deal with U.S. Gov't.


We have signed the contracts and will be involved in an ongoing awareness program with the U.S.Gov't. We have been in negotiations for quite some time and are pleased to announce our newest advertising partner.

In order to bring the shareholder the best of the Sierra Leone experience.
SGCP will be using the same studio that they filmed the fake moon landing in to take all the photos we put on the website.

One disappointing aspect was that the set from the moon landing was not still there so we could not show the moon gold ops.
Since the Gov't was unable to provide the moon landing set we were able to save a substantial amount of advertising dollars and pay with rice and peanuts which both harvest were the best we have had to date.

CONTACT: John Semachko Jr.
President Sierra Gold Corp.
Cleveland Ohio 44212
Phone: [phone]
Email: mailto:[e-mail]

I believe!
GO SGCP! hehehehe

[meltinglass]

ME TO I'M ALL BOUT THE LOVE AND FREEDOM! sry for caps lol