no ideia have to do some dd if I come up with something i'll get back to you

ent. companys not doing that great (1) mis management (2) chart has not found any cycles yet (3) the dollar tanking may have a lot to do with how things go here until things settle out some

when world un rest hits do you think you will get any thing from this? in times of peace may be but right now I'd be very carful

need a dollar worth something to get most things rolling I think it will get tight for some time.

Ive been following this for about 3 mos now and there is no way that I would buy it yet.

what I was showing is that the larger gold companys are not takeing off to the moon and leaving the jr behind until the futures settle out the price we will be setting when all is said and done then we will start going up to a true value.

it shows that it's not just jr mines going down or sitting stil the lag time in mines verse futures, futures run and until they stall or set the price then the stocks will make chaange to catch up

But if gold and silver have been forging ahead, then why not platinum and palladium. These have come back sharply from their recent highs and the reason for this is power! Platinum and palladium, although having a jewellery 'precious metal' element in demand are very much industrial metals nowadays and platinum is in a fairly tight supply squeeze, with demand being seen to exceed supply. The big boost in the platinum price came on the news of the power problems in South Africa with mines shut down for a period followed y the prospect of reduced power supplies for several years ahead. With South Africa producing close on 80 percent of the world's mined supply, this represented a serious problem for consumers with a tight supply situation being made even worse. Palladium followed platinum up a few days later as the realisation came that the very high platinum prices would likely lead to an acceleration in increased substitution of the much less costly palladium for platinum in their prime catalytic (and jewellery) usage. This occurred despite the fact that South African supply is not as significant for palladium and that palladium is not in short supply at the moment anyway.

Both platinum and palladium supplies have also been affected by investment offtake, primarily through ETFs which served to exacerbate the situation.

But recently, the state-owned South African power utility, Eskom, managed to re-organise its power distribution to the mines so that the platinum mining majors would be almost back to full supply, thus potentially easing the supply squeeze for platinum and, perhaps some of the substitution opportunities for palladium.

But platinum supplies are not out of the wood yet. Eskom's power problems could continue for 5 years and, as we have pointed out here before, the new mining projects which are needed to maintain and increase platinum output as per analysts' forecasts may well be delayed as a consequence, thus creating further problems down the line.

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=49519&sn=Detail

Global tier I gold stocks


Stock
From


price
high*

Goldcorp
$45.34
-1.1%

Harmony
$14.07
-15.7%

Lihir
A$4.37
-1.8%

AngloGold Ashanti
$34.03
-33.7%

Barrick
$53.72
-1.9%

Newcrest
A$38.70
-4.4%

Gold Fields
$16.45
-20.5%

Kinross
$26.95
0.0%

Newmont
$54.85
-4.7%

Streettracks ETF
$99.96
0.4%

Average

-9.3%

* 12-month

Global tier I gold stocks


Stock
From


price
high*

Goldcorp
$45.34
-1.1%

Harmony
$14.07
-15.7%

Lihir
A$4.37
-1.8%

AngloGold Ashanti
$34.03
-33.7%

Barrick
$53.72
-1.9%

Newcrest
A$38.70
-4.4%

Gold Fields
$16.45
-20.5%

Kinross
$26.95
0.0%

Newmont
$54.85
-4.7%

Streettracks ETF
$99.96
0.4%

Average

-9.3%

* 12-month

gett'in closer 0.50 be a good buy

Is 2008 the Next Breakout Year for Silverado Gold Mines Ltd.?
VANCOUVER, March 5 /PRNewswire-FirstCall/ - (Silverado - OTCBB: SLGLF/ Frankfurt: SLGL). Silverado's focused activities demonstrate progress that, traditionally, precede growth in shareholder wealth.

"There is news shaping up at Silverado. There is a trend that is certainly worth watching closely", stated Garry L. Anselmo, Silverado President and CEO. "We are in an interesting time. Gold is strong, the marketplace is turning to junior mining companies to supply the gold market, and Silverado's gold (and antimony) exploration assay results are looking stronger then ever."

All Silverado Press Releases are available at http://www.silverado.com/pressroom/pressreleases/.



Trend of Silverado Gold Mines Ltd. Recent Press Releases
--------------------------------------------------------

Silverado Test Launches a Foreign Investor Program to Tap into a Market of 500 million new Middle Class, Including a 75 Million Stock Market Investor Pool - "Silverado Launches Chinese Website To Attract Asian Stock Market Investors"

http://www.silverado.com/pressroom/pressreleases/28022008.htm (Feb 28 08)

Assays Reveal High Grade Gold and Antimony Mineralization - "Assay Results From Underground Exploration Program At Workman's Bench Reveal Gold Grades As High As 1.04 Toz/Ton, And Antimony Grades Up To 64.34%" http://www.silverado.com/pressroom/pressreleases/22022008.htm (Feb 25 08)

Independent NI 43 - 101 Compliant Report Praises Silverado - "Silverado Gold Mines Ltd. Regarded As.... "The Most Competent Underground Placer Drifting Company Active In Alaska Today" http://www.silverado.com/pressroom/pressreleases/20022008.htm (Feb 20 08)

Silverado Secures Funding for 2008 Exploration Strategic Plan - "With All Financing In Place, Silverado To Launch $ 5,000,000 Nolan Creek 2008 Exploration Program" http://www.silverado.com/pressroom/pressreleases/14022008.htm (Feb 14 08)

Silverado Maintains Close Adherence to Key Regulatory, Licensing, Cultural and Permitting Issues - "Environmental Health And Safety Program (EH&S) Completed At Nolan" http://www.silverado.com/pressroom/pressreleases/18012008.htm (Jan 18 08)

Silverado is Well Positioned to Profit from an Economic Downturn, Which, in the Past, Translated to Sharp Gains for Gold, and Gold Mining Stocks - "Profiting From Recession : How Much Money Did You Make In The 1980 Gold Rush?"

http://www.silverado.com/pressroom/pressreleases/08022008.htm (Feb 8 08) "Between 1975 and 1980, gold prices skyrocketed from $180, and peaking at $840. Mining stocks rose by up astronomically. For example, Lion Mines traded at $0.07 in 1975, and $380.00 in 1980. If you bought 10,000 shares in 1975 for about $700, it would have netted you a profit of $3,799,300 in January of 1980....Rest assured that before this bull market in precious metals is over, there will be similar front page stories around the world...." (There are numerous other examples - "21st Century Gold Rush Update", Aubie Baltin, CFP, CTA, Phd)

Silverado Re-Affirms its Interest and Ability to Sell into the Growing Antimony Marketplace - "Silverado Can Supply Growing $200 Million Antimony Market" http://www.silverado.com/pressroom/pressreleases/09012008.htm (Jan 9 08)



What are the Market and Mining Sector Experts Saying?
-----------------------------------------------------

"It's only a matter of time before the junior mining under-valuation will morph itself into a severe over-valuation against gold again, the only question remains is when." ("Juniors - Buy of a Lifetime". Eric Hommelberg, Feb 19 08)

"Buying gold is no longer advisable....It's a must. Gold, simply put, is under-valued, under-owned, and under-appreciated."...."...when it comes to the lightly-covered junior mining sector.. these companies give investors massive leverage to the price of the underlying commodity...most of these companies don't actually mine these metals. Instead, they actively explore for the ore, often selling their discoveries for huge sums." ('Gold Forecast for 2008', Gold World, Feb 6/08)

"..But USA's negative growth and continuing crash in cash, bonds, stocks and real estate is all the more reason for people to switch out of those losers and into silver and gold." ("Breakout" - Jason Hommel, Feb 20, 2008)



Nolan Cultural Resource Study Nears Completion
----------------------------------------------

Regarding government cultural resource studies identified in the Bundtzen report, these issues have been resolved across the entire Nolan Project area through consultation and agreement with state and federal officials. The company may currently access any desired drilling target throughout the entire property, including the Pringle Bench area, while the Bureau of Land Management funds and finalizes its cultural resource work plan on this small remaining area of study. All cultural resource field work and reporting should be complete by mid-summer. In any event, Silverado's initial focus remains on the Workman's Bench area, the result of which will be to keep our exploration efforts fully engaged until the cultural studies are complete and the Pringle Bench area is free of all restrictions.(This portion of the press release was prepared by Daniel L. Basketfield, P. E., who has supervised and successfully negotiated the cultural agreement with state and federal officials.)



Contact Information - Silverado Gold Mines Ltd.
-----------------------------------------------

Garry L. Anselmo - Chairman, CEO & President of Silverado Gold Mines Ltd.

Industry veteran, Garry Anselmo, brings 46 years of mineral exploration, mining and finance experience to Silverado Gold Mines Ltd., where he currently serves as Chairman, CEO, and President. He also serves as CEO and President of the wholly-owned subsidiaries, Silverado Green Fuel Inc. & Silverado Gold Mines Inc.

He has directed Silverado's growth since its inception in 1973, spearheading and funding a wide range of successful exploration and development programs. Mr. Anselmo's experience includes field explorations with Kennecott Copper, Anaconda American Brass, and American Metals Climax.

Mr. Anselmo founded Tri-Con Mining Ltd., a private exploration service company, in 1968. Tri-Con has performed exploration services and built mining operations for a wide range of clients over a period of 40 years. These projects varied geographically from New Mexico, California, Arizona, Nevada, British Columbia, North West and Yukon Territories to Alaska. Mr. Anselmo through Tri-Con started, guided and financed Silverado in its early years.

Today, through public and private financing, and now production revenues, he guides the Company into a new period of growth.

Alaska companies to work on Silverado's planned green fuel plant

By the Journal of Commerce


A Canadian-based minerals company focused on gold exploration and environmentally friendly fuel technology announced plans March 11 for a green fuel commercial plant.

Silverado Green Fuel Inc., a subsidiary of Silverado Gold Mines Ltd. in Vancouver, British Columbia, initially planned to build a demonstration plant. Now work is underway to scale up for a full-sized facility. The technical and development plan in progress will identify costs, budgets and technical issues, company officials said.

Based on utilizing Mississippi lignite, Silverado will generate a step-by-step green fuel facility design and implementation action plan, the company said.

Considerable hydrothermal treatment research has already been done with numerous low-rank coals from around the world.

However, understanding the unique properties of Mississippi lignite is critical in fine-tuning commercial production of green fuel, company officials said. Consequently, the firm is providing a $150,000 grant to the Mineral Industry Research Lab at the University of Alaska at Fairbanks to use their expertise and unique mini-reactor apparatus to develop this data.

Great Northern Engineering of Palmer, which has provided technical and engineering guidance during technology development, was awarded a contract for $21,500 to help with the initial commercial feasibility study.

The work being carried out at the University of Alaska and at Great Northern Engineering will be integrated into the Silverado green fuel facility design and implementation action plan, the company said.

Despite escalating costs for equipment and materials caused by rising fuel costs, Silverado estimates that its green fuel can be produced commercially for less than $20 per barrel, on an oil equivalent energy basis. Costs are coal and site specific.

Company officials said the fuel will be commercially produced virtually emission free in respect to particulate matter, sulfur and heavy metals. Carbon dioxide generated during production can be recovered efficiently and sold for enhanced oil recovery.

According to Silverado, the green fuel can be used to power oil-fired power plants and industrial boilers. It is also a good feedstock for some advanced gasifiers to produce synthesis gas, which can be fired in turbines to generate power in IGCC plants and catalytically reacted to yield transportation fuels, petrochemicals and fertilizers. Synthesis gas can be further processed to yield only hydrogen, the only feedstock that truly does not produce any carbon dioxide when combusted or reacted in fuel cells.

it might be I'll wait to see the banking crisses goes today I was thinking 0.090 or 0.095 to pick some up it might be on the extreme

this could be why things are slow in Russia

http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=49279&sn=Detail

good to see a news spec. be on target, we'll see gold sell off some as new buyers jump in then it should make a run higher. after new buyer a taken for what little they have, that is if they don't hold on through a minor sell off

I don't think that gold is tied to oil the media ties it to it because they really have no clue whats really happening the best that they are good for is to make rumors for flipping stocks and helping others to lose there investments. gold has always been tied to the dollar and other currences.

this gets down to .50 I might start picking up a few and see if it finds a bottom around there it very well could go lower

Gold:
Gold price didn't change much either. But it's demand will go further in the days to come if the price of dollar continues to go down against the euro and yen. Figures by bloomberg show, Gold for immediate delivery gained $1.11, or 0.1 percent, to $984.04 an ounce at 11:20 a.m. Tokyo time, 0.8 percent away from the record $992.05 reached on March 6. Jonathan Barratt, managing director of Commodity Broking Services in Sydney, said today by phone to bloomberg, ``With the dollar this weak, gold should be at $1,000 , gold does look set for another rise, and I wouldn't be surprised if it has an assault on $1,000 an ounce pretty soon.''


http://www.gnutrade.com/market_talk/index.html

Gold:
Gold price didn't change much either. But it's demand will go further in the days to come if the price of dollar continues to go down against the euro and yen. Figures by bloomberg show, Gold for immediate delivery gained $1.11, or 0.1 percent, to $984.04 an ounce at 11:20 a.m. Tokyo time, 0.8 percent away from the record $992.05 reached on March 6. Jonathan Barratt, managing director of Commodity Broking Services in Sydney, said today by phone to bloomberg, ``With the dollar this weak, gold should be at $1,000 , gold does look set for another rise, and I wouldn't be surprised if it has an assault on $1,000 an ounce pretty soon.''


http://www.gnutrade.com/market_talk/index.html

Some observers claim that the gold price follows the oil price upwards, but in reality rises in both are part and parcel of the same declining dollar phenomenon. But while oil prices can be eased if the OPEC countries agree to boost output, which they may well be under pressure to do, one suspects that the higher gold price levels are here to stay because of its 'safe haven' position.

At the current time there are fears, probably well justified, that the US Fed cannot keep the US economy out of a recession - indeed many believe it is already in that position. What will be the key to gold price progress will be the depth of this recession. Generally it is believed that there will be a recession, but that it will not be a deep one and the economy could be pulling out of it by the year end - but this may be wishful thinking.


http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=49334&sn=Detail

Some observers claim that the gold price follows the oil price upwards, but in reality rises in both are part and parcel of the same declining dollar phenomenon. But while oil prices can be eased if the OPEC countries agree to boost output, which they may well be under pressure to do, one suspects that the higher gold price levels are here to stay because of its 'safe haven' position.

At the current time there are fears, probably well justified, that the US Fed cannot keep the US economy out of a recession - indeed many believe it is already in that position. What will be the key to gold price progress will be the depth of this recession. Generally it is believed that there will be a recession, but that it will not be a deep one and the economy could be pulling out of it by the year end - but this may be wishful thinking.


http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=49334&sn=Detail

Some observers claim that the gold price follows the oil price upwards, but in reality rises in both are part and parcel of the same declining dollar phenomenon. But while oil prices can be eased if the OPEC countries agree to boost output, which they may well be under pressure to do, one suspects that the higher gold price levels are here to stay because of its 'safe haven' position.

At the current time there are fears, probably well justified, that the US Fed cannot keep the US economy out of a recession - indeed many believe it is already in that position. What will be the key to gold price progress will be the depth of this recession. Generally it is believed that there will be a recession, but that it will not be a deep one and the economy could be pulling out of it by the year end - but this may be wishful thinking.


http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=49334&sn=Detail

how about $1001.00
http://futures.tradingcharts.com/marketquotes/index.php3?cbase=GD&market=GC&cterm=68

been holding here pretty good, I might pick up a few more the price looks good to me.

good prices for a stock that is getting set to run, news of SLGLF gearing up for a full scale plant to make green fuel is very good news, run baby run.

Good find good news this one has been a sleeper when it wakes up it will be a hot one. hope I have all the shares I want at these prices. good trading to you!

all the juniors that i am in are down why I am not sure our eco is getting hit hard our dollar is falling, but the mine is in Africa so it could be unrest we could find a lot of reasons why but if the mine is in a place that roads can be built to get to the mine and they have equip then waite out the dips or add to it the mine looks good to me the poltics over there borthers me but that is my only concern

good news I'll put that web site into the box as soon as SLGLF gets it into there home page. The return on this one should be a real winner we'll just keep adding as we go. Good Trading to You

good news I'll put that web site into the box as soon as SLGLF gets it into there home page. The return on this one should be a real winner we'll just keep adding as we go. Good Trading to You

I think that this will be a year for metals, juniors should start jumping soon. This company has all the proven ores and at shallow depths to become one of the the big companys very soon. That is all in my opion though. Good trading to you.

MERRILL LYNCH FORECAST
Coal at any price. Supply squeeze could lead to 200 percent increase
With recent supply disruptions causing a global coal shortage, a Merrill Lynch study forecasts prices may rise by up to 200 percent or more.

Author: Fayen Wong
Posted: Friday , 07 Mar 2008

SYDNEY (Reuters) -

Merrill Lynch has raised its forecasts for contract prices of coal for power plants and steel mills in 2008, predicting that prices will jump by as much as 200 percent, after recent supply disruptions resulted in a severe global shortage.

Contract prices for coking coal, used to make steel, are expected to reach a record high of $300 a tonne, a three-fold rise from an agreed price of $98 last year, amid a "supply apocalypse" following recent weather-related supply disruptions in Australia, Merrill Lynch said in a research note on Friday.

Japanese utilities, such as Chubu Electric Power Co <9502.T>, may need to pay miners in Australia $135 a tonne for coal contracts in fiscal 2008 beginning April, up 143 percent from last year's agreed $55.65, Merrill Lynch said.

Merrill Lynch had previously forecast 2008 thermal coal prices at $80 tonne. "There is now an obvious scramble for supply with industry sources confirming that Asian steel mills are begging for tonnes at close to any cost," Merrill Lynch said in a report led by Vicky Binns.

"Under current market conditions, spot prices reflect the 'hysteria' of the supply shortage and therefore spot appears a reasonable guide for contract settlement."

Merrill Lynch estimated that recent flooding in Australia's Queensland state to have removed about 15 million tonnes of coking coal from the export market.

As for thermal coal, Merrill Lynch said recent supply disruptions from Australia, China and South Africa, combined with powerful Asian demand, would result in supply deficit of a 60 million tonnes for thermal coal this year.

"Thermal coal's already very tight seaborne trade has been devastated by two, simultaneous supply-side shocks in the last 4-8 weeks: widespread destructive winter storms in China prompting a ban on exports and South Africa's power shortages," Merrill Lynch said.

The thermal coal market is expected to be under-supplied for the next three years as key export countries struggle to expand their port facilities, Merrill Lynch said.

Brokerage Goldman Sachs JB Were said in a client note on Wednesday that prices for coking coal and thermal coal were expected to reach $200 a tonne and $130 a tonne, respectively.

Australia is the world's largest exporter of coking coal. Extreme weather in coal-rich Queensland state in the past two months have prompted six producers, including BHP Billiton Ltd , Rio Tinto Ltd and Xstrata Plc to declare force majeure on shipments.

Updated forecasts for '08 Asia coal contract price



http://www.mineweb.com/mineweb/view/mineweb/en/page38?oid=48954&sn=Detail

GBG AND SIMMERS OFFER CLEAR VALUE
Gold juniors offer better investment proposition
Gold juniors are set to capitalise on the gold price, while majors are grappling with power and cost issues.

Author: Tessa Kruger
Posted: Thursday , 06 Mar 2008

JOHANNESBURG -

South African junior gold companies offer a better investment proposition compared to majors as they are set to capitalise on a markedly higher gold price, while majors are grappling with high costs and power supply problems.

The number of gold juniors which have recently emerged in South Africa allow significantly better geared exposure to the gold price as many of them offer more than one revenue stream and they mostly mine at significantly shallower depths than the gold majors, said RBCCM analyst Leon Esterhuizen in a report.

And while the potential of lower costs and higher margins is backed by significant capacity for production growth over the next couple of years, the current valuations of many juniors are fortunately very low, he said.

Two "clear value" candidates among the gold juniors are Simmer and Jack Mines and Great Basin Gold as they both have significant potential to expand resources and to deliver high margins within the next 12 months.

"Following that, DRDGold and Pamodzi Gold consistently appear in the lowest ratings versus resource and production potential. Although both companies are known to be marginal producers, both have sufficient execution plans to deliver more than the market appears to be expecting."

DRDGold is in particular expected to benefit significantly from its joint ventures with Mintails. Phase two of the ERGO joint venture will add both uranium and acid sales capacity and significantly enhance the revenue potential of both Mintails and DRDGold.

Pamodzi Gold will also benefit from cooperation with Mintails, but to a smaller degree.

Esterhuizen said that juniors' resource bases were not only significantly shallower than that of the majors, but many of the resource bases were well beyond small. First Uranium and Central Rand boast very large resource bases (about 35m ounces each), followed by DRD's projects (30m ounces at ERPM), Simmer and Jack's Buffels project (about 15m ounces) and Great Basin Gold's Burnstone project (about 8m ounces).

These companies were still classified as juniors as the gold resource landscape was dominated by Gold Fields, AngloGold Ashanti and Harmony.

In order to find the real gems among the juniors, the aspects of size, depth and likely production had to be combined with profitability. Profitability must also take account of the fact that the companies may have to raise capital, causing dilution.

For this reason, profitability was considered after treating capital expenditure as part of the cost. The highest profitability after capex (assuming a gold price of $800/ounce) is attained by Great Basin Gold at its Hollister and Burnstone projects (about $500/ounce), Harmony Gold's PNG projects (about $450/ounce) and Elandsrand mine and Simmer and Jack Mines (about $430/ounce) through its holdings in First Uranium's Ezulwini (about $430/ounce) and Buffels projects ($420/ounce) and its own TGME project ($540/ounce).

Pamodzi Gold and DRDGold probably had the best gearing to a potential increase in the gold price as their as assets were priced very low and offered value. However, their high gearing to the gold price means they also offered significant risk if the gold price declined.

Esterhuizen said mining was essentially a process of moving rock and an important measure of potential success was the value contained per tonne of rock that had to be moved.

The only junior that featured very well on this basis was Great Basin Gold (about R700/t or $88/t), followed by big producers Harmony with Randfontein Mines, Gold Fields with Kloof and Driefontein Mines and AngloGold Ashanti with its West Wits operations. The first junior following the majors is Simmer and Jack Mines with the Buffelsfontein underground project (R300/t/$38/t)

The classic value measure of comparing companies' NPVs at current spot prices and spot less 30%, showed that only Simmer and Jack Mines and Great Basin Gold currently had NPVs lower than values at a spot price of $800/ounce less 30% ($560/ounce.).

Witwatersrand Gold, Central Rand Gold, Mintails, DRDGold and Pamodzi Gold all showed negative NPVs in an "aggressively" lower price scenario.


http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=48910&sn=Detail

RECORD PRICE - AGAIN
Low metal stocks push copper close to $10,000/t
Its not only precious metals achieving really strong prices. Copper is looking good too as a low warehouse stock position has the metal surging towards 10,000/t.

Author: Anna Stablum
Posted: Thursday , 06 Mar 2008

LONDON (Reuters) - Copper prices hit a record high on fresh fund buying on Thursday with traders eyeing $10,000 a tonne on falling inventories in an already tight market.

But the metal steadied as some investors cashed in profits after a breathless rally, which has helped copper gain around 5 percent this week.

Copper for delivery in three months was at $8,720 per tonne by 1359 GMT, down from an earlier record high of $8,820 and $8,785 at mid-session.

The metal, used extensively in construction, is still up $30 from its close of $8,690 on Thursday.

"Oil prices have come off quite a bit. People are taking some profits on the metals side," analyst Michael Jansen at JP Morgan said.

Other key base metals also erased some of their gains, but analysts saw the pull-back as only a brief pause.

"The copper market remains beholden to falling LME inventory and ongoing fears of supply disruptions," analyst Daniel Hynes at Merrill Lynch told Reuters.

"It also reflects the bigger issue of surging investment into the commodity markets as investors seek refuge from weak equity and bond markets, rising inflation and a weak U.S. dollar."

"A lot of people are saying copper could go to $10,000," an LME trader said.

Copper stocks in LME-registered warehouses fell by 2,350 tonnes to 135,800, down by about a third since the start of the year and enough for less than three days of world consumption.

"In reality, there is not much spare metal around," head of resources John Meyer at Fairfax said in a report. "Copper prices are being pushed by investment demand but this is supported by ongoing demand growth for infrastructure development."

Nickel futures rose to a seven-and-a-half-month high of $35,150 and were last at $33,600 against Wednesday's $33,400.

Three-months aluminium was at $3,212 versus $3,208 on Wednesday. Aluminium hit an all-time high of $3,310 in May 2006.

Prices were supported by the surge in U.S. crude to a record high above $105 per barrel.

"Structural tightness in global energy markets and subsequent shifts higher in costs are already constraining metals supply, especially for energy-addicted aluminium," a Barclays Capital report said.

Aluminium's precarious supply outlook combined with the strongest long-run demand prospects of all the base metals is a recipe for a tighter market and higher prices, it said.

Barclays Capital raised its aluminium annual price forecast for 2008 and 2009 to $3,513 per tonne and $4,500, respectively.

Leading European shares were down with the FTSEurofirst 300 falling 0.46 percent to 1295.02 points by 1312 GMT. The dollar hit lifetime lows versus the euro on a weak U.S. economy and worries about a recession, which has galvanised the U.S. Federal Reserve to cut borrowing costs sharply to 3 percent, with further easing expected.

"The market is looking at rising inflation," said Ashok Shah chief investment officer at fund manager London & Capital.

"Falling interest rates will encourage global growth rates to accelerate later but for now everyone is looking to inflation hedges ... across the board to all commodities," he said.

In industry news, Kazakhmys Plc, the world's 10th biggest copper producer, posted a 0.7 percent rise annual earnings per share.

Tin hovered close to its all-time high of $19,375. It hit an intra-day high of $19,350 before being unchanged at $19,250. Zinc was at $2,840 against $2,815 and lead gained to $3,375 from $3,350.

(Additional reporting by Humeyra Pamuk; editing by Chris Johnson)


--------------------------------------------------------------------------------

(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

This was a neg. post but it had facts to it, as the mod I have no problem with neg news or neg statements that are backed up with news or facts, so if you want to post neg. just back up what you have with some facts. Now this is closed as far as I am concerned, I look forward to more post from you, as they say just the facts!

Posted by: MUSHROOMKING
In reply to: None Date:2/16/2008 1:09:47 PM
Post #of 473

There's more than profits and losses to the stock market
David Baines, Vancouver Sun
Published: Saturday, February 16, 2008
The stock market is a mysterious place. There are lots of companies that trade on the junior markets that never make money, but they manage to stay alive and keep trading.

The best example is Silverado Gold Mines Ltd. It was formed in 1963 -- 45 years ago -- and it has never had a profitable year. Since inception, it has lost more than $86 million US.

Yet its chairman, president and founder, 64-year-old Gary Anselmo, lives a very comfortable life. He lives in a $883,000 house in Richmond, he drives a 2006 Corvette, he eats at the finest restaurants and flies first class wherever he goes (he says because of a back injury).


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Font:****Anselmo boasts, quite truthfully, that he takes no salary from Silverado, but this is not the whole truth. Over the years, he has earned millions of dollars through his private company, Tri-Con Mining Ltd., which acts as the operator for Silverado's two main projects -- the Nolan gold project near Fairbanks, Alaska, and its newer "green" project, a process for making coal water (an environmentally friendly substitute for petroleum-derived fuels).

Tri-Con bills the company at the rate of cost plus 15 per cent for overhead, plus 25 per cent for exploration services or 15 per cent for development and mining services. Over the years, this arrangement has put millions of dollars into Anselmo's pocket.

During the nine months ending August 2007 (the company's last reporting period), Tri-Con billed Silverado a total of $4.26 million. If just 15 per cent represents profit to Anselmo, that amounts to $639,000. Keep in mind, that's for the last nine months only.

Where does all this money come from? Every once in a while, when the treasury gets low, Silverado issues more shares for cash. Over the years, it has done this many times. There are now 778 million shares outstanding. And that's after a three-for-one share consolidation and a 10-for-one consolidation. The net result is that the company has manufactured more paper than a toilet paper factory.

Of course, people will only buy a stock if they feel they can unload it at a higher price. There are two ways to get the stock price higher. The first is for the company to do something productive. In this regard, Silverado has been a flop.

Every project the company has undertaken has ended in failure. In 1985, for example, Anselmo was touting the Mount Grant gold mine in Alaska, claiming it had "the potential for being one of the highest recovery producers in North America."

Commercial production began in November 1985, but a little more than a month later, operations were suspended "after initial operating results did not meet expectations."

The company shifted focus to its Nolan Creek project. In October 1992, Anselmo said projected earnings for the year ending November 1994 would be $8.96 million US. In fact, the company lost $3.1 million U.S.

Anselmo is still flogging the Nolan gold project, but he has also jumped on the "green" bandwagon. In 2000, he announced that Silverado would establish a plant in Alaska to produce coal water.

try and find where I stated any thing like that. but here is where to start 5 min to find it. Posted by: capt AL
In reply to: mwright45 who wrote msg# 440 Date:3/1/2008 8:04:56 PM
Post #of 470

mwright45- This stock has been trading for over 25 years & I've seen 2 R/S & 2 name changes. REGARDS

post facts not empty useles words negative news or facts are ok but don't blow off your stem here.

Is 2008 the Next Breakout Year for
Silverado Gold Mines Ltd.?

Vancouver, BC, Canada: March 5, 2008 (Silverado - OTCBB: SLGLF/ Frankfurt: SLGL). Silverado's focused activities demonstrate progress that, traditionally, precede growth in shareholder wealth.
"There is news shaping up at Silverado. There is a trend that is certainly worth watching closely", stated Garry L. Anselmo, Silverado President and CEO. "We are in an interesting time. Gold is strong, the marketplace is turning to junior mining companies to supply the gold market, and Silverado's gold (and antimony) exploration assay results are looking stronger then ever."

All Silverado Press Releases are available at www.silverado.com/.

Trend of Silverado Gold Mines Ltd. Recent Press Releases

Silverado Test Launches a Foreign Investor Program to Tap into a Market of 500 million new Middle Class, Including a 75 Million Stock Market Investor Pool - "Silverado Launches Chinese Website To Attract Asian Stock Market Investors" [ Click Here ] (Feb 28 08)

Assays Reveal High Grade Gold and Antimony Mineralization - "Assay Results From Underground Exploration Program At Workman's Bench Reveal Gold Grades As High As 1.04 Toz/Ton, And Antimony Grades Up To 64.34%" [ Click Here ] (Feb 25 08)

Independent NI 43 - 101 Compliant Report Praises Silverado - "Silverado Gold Mines Ltd. Regarded As... "The Most Competent Underground Placer Drifting Company Active In Alaska Today" [ Click Here ] (Feb 20 08)

Silverado Secures Funding for 2008 Exploration Strategic Plan - "With All Financing In Place, Silverado To Launch $ 5,000,000 Nolan Creek 2008 Exploration Program" [ Click Here ] (Feb 14 08)

Silverado is Well Positioned to Profit from an Economic Downturn, Which, in the Past, Translated to Sharp Gains for Gold, and Gold Mining Stocks - "Profiting From Recession : How Much Money Did You Make In The 1980 Gold Rush?" [ Click Here ] (Feb 8 08)
"Between 1975 and 1980, gold prices skyrocketed from $180, and peaking at $840. Mining stocks rose by up astronomically. For example, Lion Mines traded at $0.07 in 1975, and $380.00 in 1980. If you bought 10,000 shares in 1975 for about $700, it would have netted you a profit of $3,799,300 in January of 1980....Rest assured that before this bull market in precious metals is over, there will be similar front page stories around the world..." (There are numerous other examples - "21st Century Gold Rush Update", Aubie Baltin, CFP, CTA, Phd)

Silverado Maintains Close Adherence to Key Regulatory, Licensing, Cultural and Permitting Issues - "Environmental Health And Safety Program (EH&S) Completed At Nolan" [ Click Here ] (Jan 18 08)

Silverado Re-Affirms its Interest and Ability to Sell into the Growing Antimony Marketplace - "Silverado Can Supply Growing $200 Million Antimony Market" [ Click Here ] (Jan 9 08)

What are the Market and Mining Sector Experts Saying?

"It's only a matter of time before the junior mining under-valuation will morph itself into a severe over-valuation against gold again, the only question remains is when." ("Juniors - Buy of a Lifetime". Eric Hommelberg, Feb 19 08)

"Buying gold is no longer advisable... It's a must. Gold, simply put, is under-valued, under-owned, and under-appreciated."..." ...when it comes to the lightly-covered junior mining sector.. these companies give investors massive leverage to the price of the underlying commodity...most of these companies don't actually mine these metals. Instead, they actively explore for the ore, often selling their discoveries for huge sums." ('Gold Forecast for 2008', Gold World, Feb 6/08)

"..But USA's negative growth and continuing crash in cash, bonds, stocks and real estate is all the more reason for people to switch out of those losers and into silver and gold." ("Breakout" - Jason Hommel, Feb 20, 2008)

Nolan Cultural Resource Study Nears Completion

Regarding government cultural resource studies identified in the Bundtzen report, these issues have been resolved across the entire Nolan Project area through consultation and agreement with state and federal officials. The company may currently access any desired drilling target throughout the entire property, including the Pringle Bench area, while the Bureau of Land Management funds and finalizes its cultural resource work plan on this small remaining area of study. All cultural resource field work and reporting should be complete by mid-summer. In any event, Silverado's initial focus remains on the Workman's Bench area, the result of which will be to keep our exploration efforts fully engaged until the cultural studies are complete and the Pringle Bench area is free of all restrictions.(This portion of the press release was prepared by Daniel L. Basketfield, P. E., who has supervised and successfully negotiated the cultural agreement with state and federal officials.)

What are the Market and Mining Sector Experts Saying?
-----------------------------------------------------


"It's only a matter of time before the junior mining under-valuation will morph itself into a severe over-valuation against gold again, the only question remains is when." ("Juniors - Buy of a Lifetime". Eric Hommelberg, Feb 19 08)

"Buying gold is no longer advisable....It's a must. Gold, simply put, is under-valued, under-owned, and under-appreciated."...."...when it comes to the lightly-covered junior mining sector.. these companies give investors massive leverage to the price of the underlying commodity...most of these companies don't actually mine these metals. Instead, they actively explore for the ore, often selling their discoveries for huge sums." ('Gold Forecast for 2008', Gold World, Feb 6/08)

"..But USA's negative growth and continuing crash in cash, bonds, stocks and real estate is all the more reason for people to switch out of those losers and into silver and gold." ("Breakout" - Jason Hommel, Feb 20, 2008)


http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=SLGLF:US&sid=aC1rtQPXyMZA