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Benguet Class B is $.74 in Philippines right now, and only $.53 here on Pink Sheets.
BENGF.pk here = BCB on Phil. Stk. Exch.
Take BCB price in Pesos and divide by 51 (currency conversion) and you get $.74+.
39% discount spread may close fast.
Benguet has gone 10x in a matter of weeks.
http://www.marketwatch.com/tools/quotes/intchart.asp?symb=BENGF&siteid=mktw&time=7&freq=...
BENGUET is off to the races.
DYODD
http://www.kitcomm.com/comments/gold/2005q1/2005_03/1050321.065057.bernard_b.htm
Gold Related Post - CUSAC MINING analysis.
http://www.kitcomm.com/comments/gold/2004q3/2004_07/1040701.122713.bernard_b.htm
Cusac strike looks significant.
Posted by: basserdan
In reply to: basserdan who wrote msg# 234785 Date:6/29/2004 10:29:05 AM
Post #of 263205
*** Gold related post (CUSIF) ***
Well, what do you know?
One of last year's 'picks to click' stragglers has finally come out with some positive news.....
New Vein Yields More High Grade Drill Results
Tuesday June 29, 9:30 am ET
VANCOUVER, BC, June 29 /PRNewswire-FirstCall/ - Guilford H. Brett, President, Cusac Gold Mines Ltd. (TSX: CQC, OTCBB: CUSIF, the "Company"), reports that more encouraging results have been obtained from the current Surface Diamond Drilling Program at it's 100% owned and operated Table Mountain Gold property in north-central BC.
On June 8, 2004, Cusac reported that a previously undiscovered mineralized quartz vein system had been intersected in DDH 04MM-01 in a relatively unexplored portion of the property. The discovery of a new vein system demonstrates the high potential of the Table Mountain Property to host additional gold-bearing quartz vein systems.
Drilling has currently delineated a structure with a 50 m strike length and dip extent of 45 m, which is open along strike in both directions. The structure strikes 200 degrees south-southwest, dips at 75 degrees to the west, and has an average calculated true width of 1.8 m (5.9 ft). Visible gold has been noted in five of the drill holes that have intersected the vein. Assay results for the significant intersections are tabulated below. The best result was obtained in hole No. 04MM-14, which intersected a 1.81m wide quartz vein grading 1.193 ounces of gold per ton, including a 1.19m section grading 1.78 ounces of gold per ton.
The lowest portion of the vein is 25 m above the "14 Level Drift", an existing access to the lower levels of the mine. The proximity of the structure to existing underground development will dramatically lower mining costs.
Cusac Gold Mines is a Canadian company whose primary focus is the exploration and development of the Table Mountain Gold Property, which includes a 300-ton per day mill and supporting infrastructure required to recommence production.
This News Release has been reviewed and the technical content approved by Dale A. Sketchley, M.Sc., P.Geo., a Qualified Person for the purposes of NI 43-101. All assay results reported in this news release were provided to Cusac by ALS Chemex (ALS Canada Ltd.) of North Vancouver, BC.
---------------------------------------------------------------------
Table Mountain Gold Property - Cusac Gold Mines Ltd.
Significant Surface Diamond Drilling Results
---------------------------------------------------------------------
Hole ID From To Length True Gold Gold
Core (m) Core (m) Core (m) Width (m) (g/tonne) (oz/ton)
---------------------------------------------------------------------
04MM-01 93.10 96.40 3.30 1.27 7.35 0.215
Including 93.10 94.60 1.50 0.58 16.01 0.467
04MM-04 65.60 68.90 3.30 1.92 15.41 0.449
Including 66.40 66.90 0.50 0.29 96.10 2.803
04MM-14 92.55 97.50 4.95 1.81 40.90 1.193
Including 92.55 95.80 3.25 1.19 61.06 1.781
04MM-17 105.75 108.25 2.50 1.44 2.12 0.062
Including 105.75 106.30 0.55 0.32 9.58 0.279
04MM-18 102.40 105.55 3.15 1.89 6.87 0.200
Including 102.40 103.50 1.10 0.66 18.82 0.549
04MM-19 138.80 141.70 2.90 2.30 Results Pending
http://biz.yahoo.com/prnews/040629/to022_1.html
HUI doing quick 1 then 2 legs after breaking out of bull flag, 3 of big 5th wave will be HUMONGO http://tinyurl.com/2747t
Last time BENGF had Aroon/Stochastics/Williams cross like this, October '03, the stock it went 3X in a matter of weeks.
http://stockcharts.com/def/servlet/SC.web?c=bengf,uu[r,a]declynay[dc][pc13!c34][iut!ub14!le8,24,8!lk...
BENGF 0.25 +0.04 (+19.05%), so it begins
ItsAllCyclical, thanks for the message. However, I do disagree with you on in several respects.
One, I am a plunger, not a pumper, I take huge positions in highly leveraged plays........my origianl positon in GSS for example was 100K shares at 1.26, which I have trimed to 60K (sold 40K at 5).
I have 275000 BENGF, 229000 CUSIF, 20000 VGZ, 175000 CALVF and fair amount of BGO, which I am selling on rallies.
When was the last time you did a 5X in a gold? My previous gold round was a loaded boat of RANGY at 1.19(out close at 5) and DROOy at .87 (out in mid-4s).
"Sent By: ItsAllCyclical Date: 2/4/2004 4:01:00 PM
You're a nothing more than a low class spammer/pumper."
BENGF.ob...is 2X what I orginally reco's it at.
Last time you and I talked about another specific gold it was GSS and you were being a smarty pants about getting put around $2ish and would get back in later.
Well smart guy, I still have my 60000 shares of GSS I paid 1.26 for. I have a 3X in my last purchase so far in BENGF, 275000 shares.
I think GSS will slow down as it passes $12 (10X to me, squat to you), but I believe BENGF has 6-10X in it, if you have the stomach to ride it out.
Warmest regards to you too.
"Posted by: Bernard_Barouk
In reply to: None Date:2/4/2004 2:00:29 PM
Post #of 201263
Sur America 5X - BENGB.ob about to make same move as SUR.v
http://www.kitcomm.com/comments/gold/2004q1/2004_02/1040204.125223.bernard_b.htm '
BENGF.ob...is 2X what I orginally reco's it at.
Last time you and I talked about another specific gold it was GSS and you were being a smarty pants about getting put around $2ish and would get back in later.
Well smart guy, I still have my 60000 shares of GSS I paid 1.26 for. I have a 3X in my last purchase so far in BENGF, 275000 shares.
I think GSS will slow down as it passes $12 (10X to me, squat to you), but I believe BENGF has 6-10X in it, if you have the stomach to ride it out.
Warmest regards to you too.
"Posted by: Bernard_Barouk
In reply to: None Date:2/4/2004 2:00:29 PM
Post #of 201263
Sur America 5X - BENGB.ob about to make same move as SUR.v
http://www.kitcomm.com/comments/gold/2004q1/2004_02/1040204.125223.bernard_b.htm '
BENGF.ob...is 2X what I orginally reco's it at.
Last time you and I talked about another specific gold it was GSS and you were being a smarty pants about getting put around $2ish and would get back in later.
Well smart guy, I still have my 60000 shares of GSS I paid 1.26 for. I have a 3X in my last purchase so far in BENGF, 275000 shares.
I think GSS will slow down as it passes $12 (10X to me, squat to you), but I believe BENGF has 6-10X in it, if you have the stomach to ride it out.
Warmest regards to you too.
"Posted by: Bernard_Barouk
In reply to: None Date:2/4/2004 2:00:29 PM
Post #of 201263
Sur America 5X - BENGB.ob about to make same move as SUR.v
http://www.kitcomm.com/comments/gold/2004q1/2004_02/1040204.125223.bernard_b.htm '
"Posted by: Bernard_Barouk
In reply to: None Date:2/4/2004 2:00:29 PM
Post #of 201263
Sur America 5X - BENGB.ob about to make same move as SUR.v
http://www.kitcomm.com/comments/gold/2004q1/2004_02/1040204.125223.bernard_b.htm "
Sur America 5X - BENGB.ob about to make same move as SUR.v
http://www.kitcomm.com/comments/gold/2004q1/2004_02/1040204.125223.bernard_b.htm
Basser - BENGUET GOLD MATH
Taking the yet to be produced KingKing mine Total Mineable Reserve, which used mineable cutoffs at .70 copper and 300 gold in 1998, and doubling these reserves ( as a SWAG to allow for much higer gold ( 420 ) and copper ( 1.10 ) prices now ) , comes to:
6.6 billion pounds of mineable copper
13 million mineable ozs. of gold
or
60+ Lbs of mineable copper
.125 Oz. mineable gold
per every .22 cent share of BENGF.ob stock outstanding.
Put another way, it is like buying gold for less than $2 an ounce.
Can you say FCX?
http://www.benguetcorp.com/html/explo2.html
Benguet Philippines gold play, huge bull flag....... leg up is usually the height of th sideways measure of the flag, which puts us at .50 from current .22, or 2.4X up.
http://tinyurl.com/ysvt
Time to load up golds if you are inclined to add.
I bought GSS at 1.26 and unloaded a fair amount at 4.50, RANGY from 1.19 to 5, and DROOY from .87 to 4.25, and my only comment is:
You are nuts not to add CALVF/CUSIF/BENGF right here and now at the 20% off counter......these are the way to go for the next leg up.
They are priced like gold is in the mid 300's and will go 3X from here on big leg up into MAY.
BENGF </q?d=t&s=BENGF.OB> 0.23 +0.02 (+8.49%) philippine gold rush...........
BENGF gold breakout retest buy opp.
http://tinyurl.com/2wqby
last time charts were acting this way it went up 100% in a few weeks.
good for a big pop.
Cusac Gold upgraded buy ranking.
http://quotes.barchart.com/texpert.asp?sym=cusif
Still pining for the Clintonistas ey, George?
CUSIF/CALVF/BENGF buy opprotunity, right now.
This sloppiness is market makers accumulating shares for big money buyside customers, leting bids prices slip to stimulate share weakness.
Smart money is buying.
Golds will close green today.
double top on XUA and NEM...that second touch of highs was wave 3, we had four 4 today, we will breakout by week end and go to XAU 130, min., on wave 5
CUSAC gold, CUSIF/CQC Bullish Aroon confirmation and PPO crosses, daily.
Eyeing it, it looks like the last time we did this we went up another 50%.
http://stockcharts.com/def/servlet/SC.web?c=cusif,uu[r,a]decaynay[dc][pc13!c34!c50!c200!f][iut!ub14!...
CUSAC leads 0.39 +0.04 (+11.11%), CALVF follows CALVF 0.356 +0.011 (+3.19%), BENGF copper/gold ready to rock with upgrading to VERY BULLISH. Have been in all three for years. BENGF follows CUSIF, but with a small time lag.
http://tinyurl.com/343as
CUSIF gold breaks Bull Flag
http://tinyurl.com/ym5t
BENGF copper/gold same formation, looks a about to pop. Beaut of a Bull Flag formation about to breakout to upside.
http://tinyurl.com/ym5o
Basser golds rally.
Huge move to XAU 130-135/HUI 300 by Feb. ending Big Wave 3........have to watch Big 4 correction to determine further timing, but would say if you have the stones to ride it out XAX 155, HUI 400is early summer.........then go on vacation.
NEM will break 50 with conviction, with new trading channel top at 70+.
XAU 130+ .........this looks like the 5th wave of BIG WAVE 3 coming, and 5th waves being what they are in commodities, it will be a hum dinger.........XAU 130-150.
Then real the action starts after WAVE FOUR down, with HUGE WAVE 5 blowoff.......XAU 200+/HUI 400.
BENGF copper/gold huge bull flag, new chart is like like Mid-Oct., right before it 3X. Expect a jump 2-3X in a matter of a month or two.
http://tinyurl.com/ym5o
a gold extreme Bull Flag http://tinyurl.com/254c9
this will be a wave 3, a big one, to .75.
BENGF was over $8 at one point(now .25), and was shut down by low copper and gold prices. It was the 4th largest miner in the world in the '80s, with the likes of Asarco, Cyprus Amax and Phelps Dodge.
Since that time the Echo Bay spent $25MM in drilling out the KingKing mine, only to have unrelated financial problems, with te KingKing reverting back to BENGF.
If the KingKing were already open, this would be 10X higher than it is, and that is what the stock price will start to reflect as copper and gold prices remain higher.
You have might have $70 max to look forward too in NEM (top of next channel), or about a .5X.
Copper(CMX) Mar 101.85 +2.20
BENGF has 3 Lbs of copper and over 3 grams of gold per every $1 market cap.......trading at 50% discount to peers, at least.
Vey Bullish chart......2X this next leg?
http://tinyurl.com/ysvt
gold, prepare to rock
independent eval. of very Bull Flag
http://tinyurl.com/ysvt
Golds, backing up the truck they are flying from here....easy 2X
http://stockcharts.com/candleglance?CUSIF,BENGF/B/I14,3
Golds/HUI bottom.
For years, every time we hit EMA 200 on HUI, it was screaming buy for big leg up. Where are we now you may ask?http://tinyurl.com/xvgu